Setting points:
1. Turn the crank until the full advance marks for 1-4 show in the window, and set the 1-4 set's gap to .014" (if you do it metrically, use 0.35mm).
2. Now rotate the crank forward (to your right) while your timing light is connected to those points: the light will go out, then it must come on again when the 1-4 "F" mark appears. If it is off, turn the baseplate until this lines up. A word of note: the gap may change when you loosen that baseplate, so check the gap again after you adjust the plate. In the end, it must be more than .012" and less than .016". Usually .014" is just right.
3. Turn the crank until the full advance marks for 2-3 show in the window, and set the 2-3 set's gap to .014".
4. Now rotate the crank forward (to your right) while your timing light is connected to those points: the light will go out, then it must come on again when the 2-3 "F" mark appears. If it is off, turn the sub-baseplate until this lines up. Another word of note: the gap may change when you loosen that sub-baseplate, so check the gap again after you adjust the plate.
After all is done, check with a timing light. Sometimes the test light method is off little.