I've been having another bash at this on and off since my last report, but for the most part I have been successfully ignoring the Corona,
Today I receoved a phone call from someone who wants to look at it tomorrow night. (It's been for sale for over a year.) I explained my issues with starting it cold but he decided it didn't sound too serious so he wanted to look at it anyway.
I went outside tonight to check everything was neat and tidy. I gave it a crank and as usual it just turned over without even a cough. I noticed while I was cranking the oil pressure light was not on. The sender wire had popped off the sender, so I went to reattach it.
That's when I noticed the wires from the distributor to the coil. For some reason they were always about a half-metre longer than they should be. I looked a little closer and I could see electrical tape with bare wire poking out. Hmmm...
After unwrapping the tape I found corroded bare wires twisted together that were not real well attached. They may have even be touching each other. Perhaps touching just enough to offer JUST enough resistance to porevent starting when cold.
I trimmed off the bodgy bits of wire, added properly attached spade connectors and connected everything back up. I turned the engine over with a spare plug connected to number one lead. It was immediately obvious the sparks were happening closer together and they also seemed brighter. This could be good!
I reconnected the lead, plugged the fuel pump back in, pulled out the choke and turned the key. She coughed, spluttered, then fired up and settled on a fast idle!
So it seems this dodgy connection was the problem all along.
I'm very relieved to have solution, but also very annoyed with myself for not finding it sooner.
Cheers,