I just want to report back as this might be helpful to others with similar problem.
Car has been parked over winter and I have been tinkering and trying to find the damn leak. Over the winter I decided to get some new Godspeed SMIC. Installed them today and checked all the vacuum lines I could fine.
Short story, I bypassed the carbon canister that was sitting behind the driver side intercooler and removed any tees I have for vacuum lines.
As soon as I started the car, vacuum sat at 18 in Hg! Carbon canister was probably leaking. Old IC pressure test showed no leak.
I set the timing to 15 degrees and now I'm at 19 in Hg.
Now I'm itching to drive it. Should be a blast. Almost sold her but now she's a keeper.
Hope this helps somebody else in the future.