A properly set up points system runs just fine. Parts are cheap, setup is easy and if you have a little knowledge, won't leave you on the side of the road.
Pertronix is a very popular swap that's about $100 at the low end. The Pertronix 1 is a drop in system that replaces the points & condenser in the distributor. Lots of people have had good success with them, many have their points and condenser in the glovebox - just in case.
Duraspark is Ford's electronic ignition system from the 70s. It's a robust system that's fairly easy to wire, but will require more work. You'd need to swap the distributor, then mount and wire the control box. If you bought all new parts, figure about $200 here.