Wamp,
capacitive discharge multi=sparking ignition systems, have a twofold effect on a "old technology", factory, dogged motor.
It will increase the efficiency of the motor  especially during acceleration, by providing multiple hot long duration sparks for thorough combustion. after 3k+ rpms, there isnt time for multisparks , it just provides the long hot spark.
The other result is increased power.
Its necessary to use 8.5mm performance wires or equivalent, with these systems too.
So, if your motor is fairly fresh, with a correctly setup carburator ,its possible you could get increased power and increased  MPG to boot.  
Good luck with your upgrade combos, I think youll start seeing real results soon after you start upgrading. I sure did with my 330hp Small Block.
TC