Update: I either found & aggrivated the problem or caused a new one.

Before buying a fuel pressure gauge, I took your advice and went into the distributor and found a lot of corrosion on the cap terminals and some black residue on the rotor contact. I cleaned completely, but the rotor contact looks to be out of round... looks like it has been arcing for a while.

The coil tests within parameters for primary & secondary resistance as well as for internal grounding.

I cleaned everything with wd-40 and put it back together, but the car would not even try start.

Cap and rotor are not available until Wednesday, but I would think that I would have SOME spark even if my cleaning of the contact points increased the arcing distance. I am afraid that my Wd-40 may have gotten too far inside the distributor and causing problems.

New symptoms - car wont start at all, and now there is a new high pitched humming coming from the firewall area when the key is left on after attempting to start. I poked around with a screwdriver to my ear and can be confident that this hum/whine is coming from something attached to or inside the motor... the noise is most noticable when touching the intake manifold.