Distributir wiring

Isn't your engine a 5.9L Magnum V-8 (360 cu in)? The pickup in the distributor is a "cam position sensor". It is Hall-effect type. It does not give a signal for each spark plug firing, so it cannot be used with the GM HEI ignition module. You would have to install an electronic distributor w/ 2 wires (VR sensor) from an earlier LA engine. I think they will fit the hole and slotted drive. They are taller, so you might need to move something on the firewall.

Not magnum, but it looks like your right about it not working