The power valve is opening way too late.
Can't see enough of the spark plugs to see for sure, but I'm not sure why you are only running 28 total. Something is really wrong.
From the plugs it looks like you have too much initial and total, but that is an Autolite plug so I'm not sure on how the cad comes off.
Also, it's hard to see WOT A/F ratio without seeing down in the shell to see the fuel ring on the bottom of the porcelain.