Distributor
The stock type dist. is decent. Especially if the advance curve is correct. I'm not crazy on the orange box though. I had a new one that was bad and have read about several others getting orange boxes new that were bad. Also I have read reports that the timing drops back at high rpm with the orange box. I don't know how true that is though. The only way I could think that would happen is if weren't holding the dwell stable. Hopefully Ma Mopar has solved that problem.
A complete MSD or Mallory system will give you a little more kick but it costs quite a bit more.
If you don't have much to spend you can keep your point type dist. and put in a Pertronix ignitor. It bolts in where the points was and converts your dist. to electronic. We used them in forklifts alot and they worked great and were dependable. Summit has them too.