I've driven my '59 some years with the advance at 5 degrees as per the manual, adjusted with a timing light, but couldn't get it to run as nice as I wanted, plus it ran rather hot contributing to the dreaded vacuum lock.
Now that I've adjusted it more "on feel" and listening to the engine it runs much better, cooler and has a lot more power. I think it will also be at 7 or 8 degrees now.