Yes, you will need to lube the advance unit occasionally. After a ride, while it's still warm (or hot), I just dribble some foaming chain lube on the posts and springs. I do it on a warm engine so it penetrates better.
To lube the bushings that the advance rod turns in, you'll need to pull the rod out, but it's not difficult. Just remove the little disc from the advance side and pull the rod out the points side with the points cam still on it. Then clean the old grease (if there is any left, lol) out of the grooves in the I.D. of the outer bushing in each end of the cam, and pack them full of fresh grease. The factory shop manual recommends a grease with moly in it ......
Luckily, this doesn't need to be done often, only like every 5 years or so, but it does need doing. Most of these haven't had it done since they left the factory and are looooong overdue, lol.
To lube the bushings that the advance rod turns in, you'll need to pull the rod out, but it's not difficult. Just remove the little disc from the advance side and pull the rod out the points side with the points cam still on it. Then clean the old grease (if there is any left, lol) out of the grooves in the I.D. of the outer bushing in each end of the cam, and pack them full of fresh grease. The factory shop manual recommends a grease with moly in it ......
Luckily, this doesn't need to be done often, only like every 5 years or so, but it does need doing. Most of these haven't had it done since they left the factory and are looooong overdue, lol.