All TBi small blocks are 0*, 454's are 4*
There are 2 items to worry about for ignition on an 87-92 tbi truck... The Ignition control Module which is in the distributor, and the Electronic Spark Control, which is mounted next to the throttle body....Later models had the ESC in the EProm chip in the computer.
There is a possibility that one, or both are on their way out, but IIRC, you said the timing was advancing off the scale when you plugged the timing wire back in? It is importannt that you check the injectors like I said earlier, just to rule those out, the we can check the ignition components...There is no way to check the ESC, but most good parts stors can test the ICM.
ECM gets pulses to run the injectors from the ICM, and the engine should run with the ESC unplugged, as it is only a knock filter, and sends timing retard commands to the ecm.