Lets say you set the timing at TDC and measure the following:
750 rpm TDC
800 rpm TDC
1000 rpm 6* BTC
1200 rpm 10* BTC
1400 rpm 14*
1600 rpm 18*
1800 rpm 21*
2200 rpm 23*
2800 rpm 24* BTC
Plotting those on the graph, the timing looks the original '73 advance. Circles joined by heavy line.
Now lets turn distributor so the initial is now at 5* BTDC.
The entire timing curve shifts 5 degrees.
At 2600 rpm, instead of 24* the timing is 29*BTC.
That's 3* more than the factory spec for '67, and 5* more than the spec for 73. Would not be surprised if it pings, especially once the engine got heat soaked (long drive or steep uphills).