Without.
I put on a dyna s without changing anything at all and start up was half of what it was with points. I could generally start in about 2 seconds using the starter with points, that got cut in half. The engine also warmed up much faster. I also did not need to use choke for as then also. Throttle response was improved and even a bit of extra mileage was gained.
I am not the only one to report this. Many others after having done the switch report the same thing.
I know the Por-points people will say "at least you can do roadside repairs with points.", Guess what, you can with the dyna s too. You use the mechanical advance with the s s o if you are going on a trip, just like you pack tools, pack the points plate, takes about 10 minutes to swap it. But If your system works good, you are not likely to have issues. Many here has used the dyna 3 for the better part of 2 decades. Pretty good track record. The dyna S is derived from the 3 and does just as good.
Now when I did this, the points wre not "new" BUT installed about a month prior so they were not exactly old either.