I would suggest you do a bit more studying of our web sites many old posts on this topic.
Yes the wiring is in poor condition and looks like incorrect gauge.
Yes the rotor is in sad shape & needs replacement.
The only thing usually required for the Governor weights is to clean them, lube them and install new springs.
Just how did you determine yo need a new coil?
Unless you are installing period correct tube type radios in your jeep there is no need to replace the internal radio noise filter (Capacitor). The simple method is shown in several of our posts to modify an old filter (capacitor) to eliminate it.
So you are now left with a thorough cleanup of the distributor and just follow inspection guidelines in TM 9-1825E and the same source for re-assembly.
A simple rule to follow on shopping for parts is to shop by part number and avoid offshore parts.

Here's original radio noise filter and lead to points.

Here's an example of a modified old noise filter used to eliminate the need for one.

Another shot of the modified noise filter with the femal connector housing attached.
I think if you spend some time in TM 9-1825B and in my photo album:
http://www.willysmjeeps.com/v2/modules. ... _album.php You'll find most if not all the answers to your questions.