I can't tell you exactly how it is done, but here's my best guess:
The basic principle is that a Chevy small block runs best at high RPM if total timing reaches 38 degrees max at about 3500 rpm; that includes your initial distributor advance setting plus vacuum advance plus (mechanical) centrifugal advance. By marking the balancer at 38 degrees, you could verify (in testing runs) that you are hitting that max if you rev the engine until the timing stops advancing, hopefully to occur at around 3500 rpm. If it doesn't, you play with the distributor weights and springs until you get that 38 degrees to happen at about 3500 rpm, which is the purpose of the curve kits... for backyard tuning, about all you can do is experiment with centrifugal spring and weight combinations (using the curve kits) until you've just barely eliminated any detonation under heavy acceleration (ie, by testing on the street or drag strip) all the way up to a full 38 degrees advance at 3500 rpm. Then you set your idle speed, disconnect the vacuum advance hose to read the timing at idle, which now becomes your initial timing setting for that curve kit combination rather than the Chevy book spec.
But even that is only part of the story, since a full "power tune" would probably need to be be done under load on a dynamometer and would include carburetor tweaking as well... the idea is to keep an optimum fuel/air ratio and timing advance all the way up through the rpm range with the engine under acceleration loading.