Hate to see it go.....

Ok before I bought the car I asked "Is it a running driving car or a yard dring car?" The previous owner told me yes it is a running driving car but has a pretty good miss in it.He also told me it may have a flat cam.When I picked up the car it would not start the battery was too low.I bought it anyway because I have a brand new 318 on the engine stand ready to go.Well I finally got around to starting the car the other day after having the car for a week and a half.Poured a little gas down the carb and it started right up.Idled rough and was poping through the carb.I found #1 plug wire was off.Started it up again and the same miss and pop.So then I made sure all the plug wires were where there suppose to be,and they were.Took drivers valve cover off and everything appered to be OK.Then I took off the passenger valve cover and found this..................