Phew! Thanks, Eric - a very detailed exposition... It certainly arms me with some questions to ask H&H. I also have a distributor with vacuum advance fitted (I think it was from a carb 1600 engine), so maybe that might be a better option for them to use as a basis (unless they can supply vacuum advance units of their own). The manifold I will be using (a GC offset Beta-specific item) has one large tapping on the top - is this for the brake servo or for vacuum advance (or both?).
I think initially I'd go with a modified distrbutor setup as you outline, then investigate the mysteries of mapped ignition at my leisure. I can certainly see the benefits of no moving parts and being able to refine the fuelling, but (correct me if I'm wrong) to take full advantage of mapped ignition, you really need to go to fuel injection. A halfway house of mapped ignition with carbs would be slightly missing the point if I read you correctly.
I've got 3 motorbikes with EFI, but it was original fitment so I don't need to get involved with the complexities. The most recent one has full fly-by-wire throttle control, but the all the maps are write protected as it's all Euro-5 compliant, and they run the closed loop lean as hell, making low speed throttle control rather finicky and unpleasant. But I digress...