Well, first off, do you have a manual....yet?
That'd be the best place to start.
I don't know how far back Haynes or Chilton's goes,
but I do have an old dusty Chilton that's for '68 through '73 passenger cars.
I'm sure the Bronco engine would have very close to the same base-line timing and dwell setups.
As far as I remember, you're timing ought to be somewhere between 6° and 10° BTDC
(Before Top Dead Center) with the vacuum advance disconnected (if you've got one).
Yes, you do have points if it's the original distributor.
The best way to set those is by using a "dwell meter".
However, that's one spec I don't remember.
The manuals usually have a "gap" setting to start with, (use a feeler gauge)
but with the dwell meter, you can set it by the "degrees" spec.
The closer the points are together, the higher the dwell.
Dwell is the amount of rotation in degrees that the spark will fire.
There are conversion kits. Ask your local parts store.
Probably worth the money, as I don't think they're that
Hope this is of some help.
Didn't see any other responses, so I thought I'd jump in.
WD-40 Reverend Grip-Shift
85 Bronco XLT, '69 351W, C6-Shift Kit, 9"-Detroit, Dana 44-Tru Trac, 2" Lift, 33X12.5s