What kind of ignition should I get?

So I have a 1970 351C Grande, and I have been needing a new ignition for a while now. I don't know if I should convert to an electronic ignition or and HEI distributor. I have had people suggest both to me. What would be some pros and cons about each one? I have about $300 to spend on it but the less I spend the better. Thanks for the input.
 
  • Sponsors (?)


I have the whole Pertronix II setup, which is the Ignitor II module, coil and wires. It cost under $200 on ebay and I could not be happier. It starts instantly, runs very well and is trouble free so far. Can't ask for much more than that.