Yes, you can pull it right out. Remove the cap with the wires still on it. Mark the location of the rotor in relation to the body(dist body). Also mark/note the location of your vac advance in relation to a fixed point on the intake manifold.
After you mark those locations remove the distributor. There should be a gasket where the dist body rests on the intake manifold.. Grab a new one before you start. Good luck.
PS that gasket goes on dry. No sealant. When you remove the dist, note how the rotor will twist/turn counter clockwise just a bit. When you drop it back in you will have to start just a bit counter clockwise from your mark. As it drops it will rotate into place. If you mark everything well you shouldn't have to retime the motor.
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Eric
1970 Camaro.....on the road someday!
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