I recently took delivery of an early 4-speed 230SL, #133. Thanks to Cees Clumper for re-posting the Craigslist ad that led to the purchase.
When it arrived, the car ran OK but didn't have the pep it should have. It also had no shifter bushings which made it a challenge to drive and diagnose at the same time. So I replaced the bushings and did some troubleshooting. I did it step-by-step with a road test after each change.
Car has a PerTronix Ignitor.
1. Fixed the way over-advanced timing, dialed back to 2 degrees BTDC. Car would barely idle, so added some air and fuel to get 4.5% CO and a good 800 rpm idle. Test drive, more power but stumbling at above 3000 under load.
2. Discover 5k ohm coil wire, AND 5k plug wires AND resistor plugs, in addition to 5K in the rotor. Poor thing. Replace plugs with non-resistor and rig temporary setup with some 1k wires I had laying around. Borrow coil wire from the Ponton. Test drive shows improved power and miss moves up to 4500 or so rpm.
3. Replace the brown coil with an old blue coil. Now pulls very strongly as far as you want to take it.
I think I can get some more out of it if I fatten up the mixture with a couple of clicks on the rack as the plugs are showing a very lean burn.
I hope helps with diagnosing running problems: Pertronix, 1K wires, non-resistor plugs (Bosch WDC-7 or NGK BP5ES) and a Bosch blue coil. Same for a 123 distributor, but Bosch red coil.
Cheers,
CT