The engine still seems to be running hot but I do appreciate other comments which suggest the engine is not running but the right hand pipe of the 2 into 1 is well blue!
If one pipe only is turning blue, it suggests your engine is not running equally well on both cylinders.
Put a dab of oil on each pipe up near the exhaust ports, and when you start it from cold, watch which side boils the oil into smoke first. They should go together. Waving your hand near the pipes can also detect if there is a temp difference between them on startup - but is usually a good recipe for getting burnt fingers. !
If one cylinder is only running poorly, your engine could well be getting too hot as one cylinder labours to do all the work. This really needs to be sorted before heading off anywhere, or to a rally.
Can you switch the coil around, so it fires the cylinders opposite to how it is now ?
If the problem switches sides, you know there is a problem on the electrical side of things.
I missed the start of this, are your point(s) correctly set, and correctly timed.
And the ignition advance side of things correctly advancing and retarding ?