The 7747 has much larger tables for fuel/spark. It also has 2 separate tables for each (near idle & off idle)
You can do away with the ESC knock module(it's integrated into memcal) & wiring.
Control a 4l60E or 4l80e.
WB02 in the datastream
Electric fan control.
Upgradeable to MPFI, can be converted to a MAF vs. speed density system.
Speed is 8192 baud vs. 7747 @ 160 baud. (just a small difference LOL)
The 7427 binary is 64k in size, while the 7747 is a tiny 4k.
The list is large of what it can do vs. the older 7747.
I prefer this distributor cap vs. the 2-piece Ford stuff.
Uses stock rotor, and has HEI style terminals.
http://www.summitracing.com/parts/smp-al482
I don't really buy into the anti-cross fire thing of the larger cap. Maybe on a race car that sees high rpms, but never had a problem with a small cap on any jeep I've owned.
I also prefer the GM TBI coil, plug and play with the harness.
There is a gentleman who will convert an AMC distributor to use the top portion of a small cap GM TBI distributor.
He charges $150, and you supply an AMC duraspark distributor & a some GM small cap distributor parts.
There is sooo much info out there, I'm sure I missed things.
It's a LOT of information to absorb.