The condensers in the Kettering ignition were to stop the points being damaged by the back EMF arc over from the primary of the coil when the points opened. The ignition would still run without one but your points wouldn't last long.
Alternators typically made the most electrical noise in the power system and capacitors on the field windings or B+ terminal were usually the answer.
I am interested to see if this "suppressor" is causing the misfires or not. To my knowledge, it's only a shield around the low voltage coil pack wires...but why? Yes, it could be for radio noise suppression. But as I have said, the loss of this shield has effected other systems in the engine bay before. The other thing is that I am assuming it's connected to a shield...I could be wrong (gasp!). I know it's a shield on the earlier, models but is it a shield on later models? It may be de-coupling the positive supply of the coil pack?? If it's breaking down, that would explain the misfires.
