There's not a lot of benefit to the ZX distributor in a 280Z. Nissan dropped the ballast resistor in 1978 anyway. If, by performance, you mean running a wider gap on your spark plugs, then probably not much, for a stock engine. Plus, the later ZX distributors all have lots of vacuum advance designed in, probably to work with EGR. If you're not careful, you'll just get a weird advance curve and a bigger shock when you grab the spark plug wire. Plus, an expensive module replacement cost if the E12-80 module dies.
I think that it's popular on the 240Zs to replace points because it's everything in one package, with just a couple of wires to connect to make it work.
On a 280Z you could just replace the coil and add an HEI module and probably get the same spark performance or better, but keep the stock advance curves.