Those of you who have been following my other post, first, thank you for your help. Ya'll give me squishy feelings.
Anyways, I think I've nailed the problem: flooding. I found that if I unplugged the fuel injectors and cranked the car, I could get it to run a few seconds at a time. But if I plugged them in, I got nothing but cranking.
So, where should I start trying to fix this? My manual doesn't seem to have anything (but the Haynes manual index sucks balls). I've heard of charcoal canisters malfunctioning and causing rich-running situations, but I'm going to start by assuming that the most common problems are what's going on here. Rule out timing. I've redone that f*ing T-belt a dozen times by now, and the dizzy is dead center.