Most repair manuals are fairly light on the details needed to fully understand how inter-related the points gap and the ignition timing is between the 1-4 cylinders and the 2-3 cylinders. Here is what I do, keeping in mind that this is NOT what you'll read in the manuals, but it really does work well for setting the points and timing.
First, make sure the points are in good condition If there is light pitting, file them smooth, if there is heavy pitting, consider replacing them. Next, adjust the point gaps for the 1-4 and 2-3 cylinders to the recommend gap (I like to set them between .012-.014).
After adjusting the points, start the engine and let it warm up. Temporarily raise the idle to about 3000 rpm to allow the ignition advance to reach maximum. Connect a timing light to the cylinder 1 or 4 spark plug wire and adjust the timing (by spinning the ignition plate) until the maximum advance marks line up with the pointer.
Now connect the timing light to the cylinder 2 or 3 spark plug wire and move the 2-3 ignition points as necessary until the maximum advance marks also line up with the pointer. If the range of motion for the 2-3 ignition points does not allow proper setting of the timing, then the range can be shifted by resetting the points gap for the 1-4 ignition points. So, if it was set at .012, try setting it to .014. It may not seem like this would make much difference, but it does.
From my experience, having all four cylinders fire with the same ignition timing is more important for smooth running than having both sets of ignition points with the same gap, provided both sets of points are within the recommended range. After confirming that all cylinders are synched at the same maximum ignition timing, reduce the idle to the normal rpm, and observe the timing at idle. If the advance mechanism is functioning perfectly, and the idle is set perfectly, the 'F' mark should line up.
Don't worry too much if it doesn't, as it could be due to the idle rpm being slightly off, which affects the amount of ignition advance. Also remember that the exact ignition timing at idle under no load is far less important than in gear under load at higher rpm.