Re: 1968 with no spark
Let's not forget the often overlooked "D'oh" option.
Make sure your kill switch isn't defective. You can do this quickly and easily with an ohm meter (switch should be open). Or, you can disconnect the switch and see if you've got spark all of a sudden. It's probably the easiest thing to check, and certainly worth looking at if you've got no spark at all.
The other simple stuff to check before diving into the points and powerpacks and the like (in no particular order).
1) Power connections.
2) Ground connections.
3) Plug wires
4) Fuses
FWIW I agree with the ideas above, but there's no worse feeling than staring a bunch of disassembled parts and realizing you forgot to check the fuses or something equally as easy.