Another update:
So here's the deal, I replaced the points and condensor with a remarkable improvement. However, after the engine idles, or i put any real work load on it, it starts to die again. After spending a couple hours surfing the web (while waiting for autocad class to start) i found,completely by chance, that i have a little silver component that is not hooked up to anything in my car, the ballast resistor. I didnt know what it was when i saw it just sitting there on the wheel-well so it never struck me as something important to dive head first into but now when i return home i'll be trying to hook it up properly to see if it fixes my runability issue. In retrospect, i remember seeing the steel arm holding the old point's surface had a color change (blue like when you anneal metal or harden it) and the surface extremely pitted. My theory and i havent had a chance to test it yet, is that my car has been frying points because the ballast resistor is not properly hooked up.