Just some follow up,
Been driving the wagon around during the weekend. I installed my redline Fuel pressure reg, set to 3.5psi and treated the fuel for water on Friday arvo. Saturday morning I fired it up early in the cold and let it warm up, not one problem. Rechecked everything for vac leaks with the hose, all seems fine. Went fine all day Saturday. Get in it this morning feeling pretty confident, blast off down GF freeway and into the Northbridge tunnel where it decided to have a hissy fit

. Once again lost all power and started slowing down. The friggin odds of it happening in the tunnel, I donno, but it did. Anyway, kept a cool head and decided to utilize the moment to figure out what the hell was going on. Looked down at the tacho, yep still showing rpm. Probably means the points are still working as they should. Look up at the wideband gauge, off the chart lean. Put the two together in my head and assumed I had a fuel issue, so what to do.....
Tried pumping the accelerator, few coughs, that's it. Held it WOT, nothing but induction noise. By now Id slowed down to around 60km'h, so I slammed it into 3rd to get some rpm back. Still nothing. What the hell, into second and WOT. BAM! Tell ya what, that surge of power coming back was pretty satisfying

. Cant remember how hard it revved but it was satisfying, and I didn't have another issue all day.
I think what Im going to do is treat this more as a spark issue. I just cant see how all the jets, idle, mains can all stop working at precisely the same time. Seems near on impossible to me unless the carby itself is getting starved of fuel. I just don't believe that's whats happening given that the car runs perfectly most of the time. May run a temporary fuel pressure gauge up onto the bonnet so I can see what its doing. Also might throw my ecu back in and modify it to monitor the ignition leads so if it happens it'll spew out info for me to see.
In the mean time I might just spray all the connectors with wd40 in the mornings before heading off to work.
Last question then Im off, If a car was to be running, and then have its ignition killed, what do you think a wideband sensor would read? My hunch was rich, but on second thought, if Im not burning the air maybe there would be more in the exhaust charge indicating lean? thoughts or practical tests?
Regards
Doug