You need to check to see where you timing is set to at the moment.
If the engine dies when you hook up the vacuum advance , the base timing may be set to high.
If some one disconnected the vacuum advance , the distributor would need to be manually advanced in order to maintain idle . This will kill performance because the mechanical and vacuum advance are supposed to work in unison with one another to maintain an optimal level of timing advance over the entire rpm range. Part throttle or idle = higher vacuum advance and better throttle response. With no vacuum advance and an overly advanced dizzy as soon as you apply rmps to the engine the mechanical advance starts to work and puts you way to far advanced for the amount of fuel and air coming in, this will kill your performance and may cause detonation.
You need to time the car so that you can hook up the vacuum advance and maintain an idle of about 750 to 800 rpm. You could probly increase fuel pressure to about 6 psi If it runs a bit rich you can back it down a bit but I think 4.5 psi is a bit low for that carb. Most carb pumps are factory set at 7.5 psi and usually that is a bit much. The edelbrock carbs tend to run some what rich any ways out of the box , they make a spring kit to adjust the primaries and lean it out a bit.
90 LX Hatch, 5.0 bored .030 over/e303 cam/Ford Racing upper/lower polished cobra intake/ford racing polished 70mm throttle body/30lb injectors/ adjustable fpr/ 255 walboro pump/Ford racing aluminum x302 heads 1.7 roller rockers/bbk shorty headers with bbk catless xpipe/ 3.55 gears/tremec Z spec t5/ 5 lug conversion/Cobra front breaks/sub frame connectors/bbk upper/lower control arms