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Thank you for all the tips and hints.
Quick update - I made careful note of the upper plate location in relation to the distributor body and the cam location in relation to the upper plate (with a little help from the Sharpie corporation). I was also glad that I acquired a Nurex wrench awhile ago.
Taking everything apart didn't reveal any obvious problems, so I put everything back together, slowly, and took a voltage reading at every step of the way.
With the distributor put back together (except for the condenser), everything was fine.
As soon as I installed the condenser - not so fine - no voltage on the point arm.
Just the act of putting the condenser in caused a short - which remains after the condenser is removed again.
So - have to tear it all apart again and mull this over. I think I'll take a coffee break and get back to it in a half hour or so...