Hi Lefty, congrats on the purchase of the Vette.
I had the same issue with the Rochester on my 72. Spent a small fortune on the darn thing.
We ran the car on the dyno, changed the primary & secondary metering rods, so many times, as soon as we drove the car on the road the hesitation was still there.
Adjusted the “secondary air door” on road but still had the bog down.
If you’re not a numbers matching man, I’d go and buy a new carb, it’ll be a few more $$$ than what you would spend on the rebuild but it won’t be 34 years old and who knows how many bubbers have had their mitts on it over the years.
I fitted a 650 Edelbrock to mine and after having it tuned I’m not complaining.
And yep, that’s a magneto and I’d take Bfit’s advice.
Nick