you're way too far advanced..try setting it 12-14* base with the spout out for now,then put the spout back in..with the spout in,the computer will then control the timing advance as the rpms/load increases
is the t-stat good? what temp?
you can test it by putting it in a pot on the stove
water boils at 212*,so the t-stat should fully open before the water boils..pull it out and it should start to close immediately,make sure its closing all the way as it cools
any blockages in the rad or hoses?