I can't believe it's been so long since I've updated this thread. I've worked on it on and off since last August. Nothing I did seemed to fix the problem. Swapping in several different distributors, coils, ignition boxes, plugs, wires, rewiring different things, etc. I found a few issues and fixed them, only to find that the car still has a miss and backfire on deceleration. I came to the realization that there was a problem with the cam. I ordered a new x303 after reading about some quality control issues with Comp cams.
I tore the engine down and found a lot of slop in the timing chain. A closer look and I believe it may not be drilled correctly for the cam alignment pin. It's a parts store brand. The machine shop who built the short block installed it. It looks like a quality double-roller timing set, but I believe it's machined out-of-spec. I went ahead and replaced the cam as well. The original cam looks fine, as do the lifters, cam bearings, push rods, etc. I also recently had the heads off. Valves and pistons look fine.
I have everything back together except for plug wires and coolant. I finished up late last night and I guess I overdid it, because my ankle and back are hurting today. I'm taking it easy. Had to get the wife to round up an old set of crutches just to get out of bed this morning. Sucks getting old. I can't work like a young man anymore, I guess.