Most common problem on the F2/F3 carbs is blocked pilot jets, I had one so badly blocked in my F2 carbs I couldn't do anything but replace it. They're pressed in, but can be removed by carefully twisting them out with vice-grip pliers, and apparently a fine guitar string is the best for cleaning them if soaking them in carb cleaner and blowing them out with compressed air won't cut it.
Certainly new points should be ordered, but any blue spark is good, a weak yellow spark probably means that your condensors are buggered, and I've never seen a white spark, except in "Lord of the Rings" so I don't know what that's about. My suggestion would be to adjust your valves, (2 thou on the inlet and 3 thou on the exhaust) strip, clean and adjust your carbs, replace your ignition plate (points, condensors and backing plate) gap your plugs and set your ignition timing, and you should see an appreciable difference.
While I'm a big fan of electronic ignition systems, if your battery is weak, or your charging system needs an overhaul you're better off sticking with points, as an EI just won't work if it's not getting 12 volts. Cheers, Terry.