As I recall the only reason anyone put BB's in the vacuum lines on any vehicle was to eliminate the function of the piece of equipment that the vacuum line operated. It did not repair anything. When the early smog equipment came on the then new cars (late 60's early 70's) some of the people working on them thought they were eliminating the emissions related equipment. This always did more harm than good. I have a collection of BB's in a small tin that I removed from several problem cars that I worked on. After finding the BB I would be assured that who had ever done this really did not understand what the systems operations of the vehicle were. Starting fresh from square 1 and I soon found the real problem.
Someone 10 years ago eliminated your vacuum advance. Why, we will never know. I do not believe this has caused your present issue. The questions you have to ask are; has someone recently worked on your Corvette in an attempt to repair it, how often does anyone else drive your car, how close to a factory ignition do you have?
You found it (the BB) looking for something because of your present driveability issue. Remove it. DGVETTE has kindly given us the timing specifications for a stock 1966 327 engine. The timing needs to be checked at idle with the vacuum line removed and plugged (I use a golf tee) the mark on the vibration dampener should be around the 10 degree mark on the pointer on the timing chain cover.
Check the vacuum reading on the line where it plugs into the distributor at idle. Mine (1965) has a threaded chrome tube that screws into the front float bowl metering block on the passenger side of the Holley carburetor. Some replacement Holley carburetors have a tube sticking out of the metering block at that spot. That is ported vacuum, at idle there is no vacuum. As you increase the engine speed you will get more vacuum signal. If you have manifold vacuum (14-18 inHg) at idle and it decreases as the engine RPM increases that hose is installed on the wrong fitting on the carburetor, that is why the BB is in the line. Someone thought "vacuum advance, that goes to manifold vacuum". When the idle speed fluctuated because of the 16 degrees of advance at idle they removed the vacuum line from the distributor, the idle and timing settled down. Just put a BB in the line and everything is golden.
Not the problem, the line was on the manifold vacuum fitting not the ported vacuum fitting.
Now your drivability issue. IF you are using a Holley Carburetor you may have the power valve failure that is quite common in the early Holleys, late Holleys have a powervalve protection check valve in that circuit. Slow acceleration is okay, any aggressive throttle and there is a sharp hesitation on acceleration. After a second the engine will pull strongly.
Pull off the front float bowl and metering block. On the back side of the metering block is a valve about as big around as a poker chip. It unscrews and is replaceable. My car uses a 6.5 valve, it is the most common power valve. Use new gaskets on all the parts you remove. Be careful of fuel spills, there is about 3/4 of a cup fuel in that float bowl. Remove one of the lower float bowl screws and that fuel will run out of the screw hole. Catch it with a container or you could have raw fuel everywhere on your hot engine, stinky and dangerous!
Mark.
I just noticed in your picture that it looks like that line plugged into the fitting on or below the vacuum secondary canister. Look for a fitting on the front float bowl metering block. The BB may be there to block the wrong vacuum signal. My 2818 Holley doesn't have that fitting.
You do have a Holley from the picture evidence, the float bowl screws are hexagonal heads, that is a later carburetor. That fitting shown is for a later automatic transmission. Block that fitting with a plug (cut off a piece of the hose shown and leave the BB in the hose). That would only apply if your car was equipped with an automatic transmission or power assist brakes. Run that vacuum hose from the distributor vacuum canister to the ported vacuum supply located in the metering block behind the float bowl on the front of your carburetor.
