Accell Dizzy huh...I'd bet if it has an Accell ignition module in it,that its junk!..they can still have spark,but not enough to fire the motor up..(any HEI module,not just theirs--but I've seen many of Accel's parts that are crappy quality lately,especially ignition modules,the ones that look like a transistor radio's curcuit boards are the worst!)...if your distributor cap or rotor has a crack it could be detouring the spark to ground instead of firing the plugs too..coil could do it too,or the pick up coil..
But if you HAVE spark,and it looks good and strong,blue sparks,it might be the plugs are fouled,and not the distributors fault....sometimes a Chevy small block fouls the plugs when a float sticks, or the choke shuts too tight,and the flooded plugs wont let the motor start--I had a 305 in an older truck that did this several times,when it had a bad choke pull off,and it would flood easily first start of the day--had to swap in a new set of spark plugs,and it would fire up immediately!--you could crank it all day and it would ALMOST start with the fouled plugs,but not quite..