You can adjust the gaps to make up a bit of the error. Set the 1-4 timing by rotating the plate with a .014 gap, lock the plate down. Try to get 2-3 in time with .014 gap. See what direction of 2-3 movement you're hitting the limit on. Clockwise? Set the 1-4 gap to .012 and retime it by moving the plate. This will be a small rotation clockwise as the smaller gap will mean the cam lobe is opening it before your previous setting. Then try 2-3 again. Still wants to go further clockwise? Open its gap to .016 and try it again. Anticlockwise, open the 1-4 gap and tighten the 2-3 gap.
You should use a strobe for final timing check/adjustment. A static light is not super accurate.
And: the plate being even a bit loose in the case is a big problem. With the 3 screws just touching the plate it should rotate fairly easy but any shift side-to-side is going to make timing a nightmare. Every time you rotate it for 1-4 timing you will get unpredictable changes on the 2-3 points. Do not (!!!) try to tap in the casting protrusions to tighten it up, they break off surprisingly easily (how do I know...). You can use a centre punch on the plate to push out metal a bit or put shims in. But it really makes a huge difference in doing timing when the plate is tight in the mount.
Hondaman's ignition module is worthwhile, it eliminates points wear from sparking so the timing changes only a fraction of how much it does without it. And, unlike a complete electronic ignition conversion where a failure means you're screwed, if it fails you just bypass it and go back to pure points ignition.