Didn't the OptiSpark(sounds like something Optimus Prime is looking for) have to be repalced every time the gas tank is filled?
From:
http://www.ls1lt1.com/forum/showthread.php?t=78
Quote:
Who hasn't had problems with an optispark? LOL. THere's two parts to the opti. THere's an optical cam position sensor. This part is a Mistu build piece and is VERY accurate at reading cam position and delivering timing signals, but its very moisture sensitive.
The other half is the high voltage section where the rotor conducts the spark just like any other distributor. This half can also be affected by moisture and also over time the high voltage creates ozone inside the cap that corrodes the contacts.
They can be reliable if you keep them dry, which can be hard when its mounted on the front of the motor under the water pump. The upside is they are not hard to replace, a little messy with the w/p removal, and they are only about $200 a pop brand new from GM. If maintained properly you shouldn't have to replace it too often.
One mistake a lot of guys make is they add an MSD box onto the ignition. The multiple spark errodes the contacts inside the rotor very rapidly. MSDs have been responsible for lots of opti failures, particularly on boosted cars.
There are some nice options out there to eliminate the opti all together now, including just taking the high voltage side offline and continuing to use the cam sensor part. With the voltage removed from the opti the cam sensor section can live a very long life. Same basic sensor is used on lots of other vehicles out there minus the distributor half.
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I would check for moisture first, then grounds, then change the optispark.