Thanks for the info. I intend to use the distributor off the 350, but I bought a new rotor, cap, coil, and wires to freshen it up. If it worked on the 350 before, hopefully it still will. I'm going to strip the old distributor and use it as a primer for the engine oil. Since I don't know where the chip is, I'll just remove the light.
Any one know if I can take the computer out all together? or does it control other devices as well (I'm using the tranny from the non-computer controlled vehicle, the one that originally came with the 350)