Dwell is the combination of gap and points cam profile. The cam profile is tailored to a specified gap.
It determines the time power is applied and stored in the ignition coils. This becomes critical at very high RPMs only where there is less real time available to store energy in the coils.
You can have perfect dwell/gap and wrong timing, fyi. However, if you change point gap, timing is also changed.
You can easily chase your tail during the process if the points plate has any lateral slop where it fits into the case. If the plate moves laterally, it changes both timing AND gap/dwell. And, while the engine is running, the point springs will push the loosened plate all over the place in rhythm with the point cam lobe position.
If your dwell meter doesn't have a 2 stoke setting, it is unlikely calibrated for the SOHC4's wasted spark operation, as actual dwell is in the 190 Degree area.
Cheers,