Hmmmm...."or the wiring of points, condenser lead is wrong." I need to investigate that a bit more...on the points that were on the bike originally, the two leads for each condenser were touching the prong for the wire so I put them in that way - I thought that looked weird to begin with...those two prongs for the points and condenser should be separated when they go back in, yes? This bike sat for years in a shed, so I have no idea what the PO may have done.
Update - I am happier to report that seems to have been the problem - I separated the prongs on the points and got a pretty weak spark on 2, 3 and 4, but #1 was a no-show...I've been cranking the bike for a bit, so the voltage has probably dropped some. I'll recharge and test again.