Well, I have good news and bad news.
First, the good news: IT'S RUNNING!
I had my son standing by with the fire extinguisher, as I put gas in it and then started it. It fired right up.
And, when it warmed up, I set the timing.
Then, we took it for a short drive, about 2 miles or so. That is now the furthest I've driven the car.
The bad news: the car has issues.
First, the idle is high, like around 1800-2000 RPM. It was originally around 3000, but I found the idle bypass screw on the throttle body and turned it all the way in, which go it down to 1800-ish. I did check that the AAR valve was working (it is), and I even pulled off the hose to it and plugged it with my thumb, but all it did was confirm the valve closed like it was supposed to.
I'm going to re-read how to set the timing and try doing it again. Maybe it's not right yet. Otherwise, I may have a vacuum leak somewhere.
Anyone local have a smoke machine I could borrow?
Second, and potentially bigger issue: 4th gear is locked up somehow. I can get into all the other gears (R, 1, 2, 3, 5), but 4th will only make a loud grind. Once we got home, I stopped on a slight hill to do more testing. I pushed the clutch in and then cycled through each of the gears -- when I let off the brake, the car would roll forward in all gears except 4th.
Anyone have any ideas about 4th gear? Could something have jammed up while the trans was sitting? I stored it in the basement on a couple of blocks with the bellhousing down. I did fill the transmission, according to Dr. Evil's instructions (on 914World), so it shouldn't be a lubrication issue. Any suggestions for breaking it loose without having to pull the tranny?