For academic purposes, I should post my result.
I need to post a HUGE THANKS to skucera: because of him, I was able to get my '92 900s back on the road.
I had read about doing the dizzy-mounted hall sensor conversion, and decided I only had a bit of time to lose but potentially lots of time to gain by trying it out.
Went to a local junkyard and picked up a dizzy off an '88 9000 Turbo, took the hall sensor wiring with it. I marked the dizzy so I could clock it the same way on my car. I also made marks on the cap so I would know how to plug the spark plug wires back in.
I installed the dizzy in my car and clocked it the same way as it was in the 9000, then switched the plug wires over, installing them in the same order as they were on the 9000.
I then found where the factory crank position sensor plugs into the harness -- it's the gray plug just below the throttle connection under the intake manifold. I unplugged it and just stuck the dizzy hall sensor wires in it, going off of skucera's wiring diagram. My wires in the stock plug were different than his, however:
1992 Hall Effect Sensor wire colors:
+ Red
0 Red with green stripe
- Dark Gray
Which I matched up with the colors as outlined in skucera's post, but I never found the colors he referenced. I'm sure we were looking in different places. The colors on the 1988 Hall effect sensor (dizzy mounted) are as follows:
+ Green
0 Brown
- Black
Upon attempting to start the car (i made no other modifications) it was trying to fire but wouldn't catch. I rotated the distributor about 25% clockwise and she fired right up. Using an old style timing light we set timing to about 15 BTDC and she runs awesome. As a more permanent solution, I just plugged the stock hall sensor back in and spliced into those wires, then wrapped the whole thing in black tape:
My dad suggested I go ahead and hook up a vacuum line to the vacuum advance. He says that it will give me better fuel economy through more advance at part throttle, and it won't hurt under full throttle cuz there's no vacuum. Sounds reasonable to me so I'm going to give it a try.
Hope this helps! This was crazy easy, cost me $15 for the dizzy at a local junkyard, and most importantly... Didn't require my doing the entire damn job of renewing the crank pulley all over again <img src="http://www.saabcentral.com/forums/images/smilies/icon_nono.gif" border="0" alt="" title="NoNo" class="inlineimg" /> <img src="http://www.saabcentral.com/forums/images/smilies/icon_cool.gif" border="0" alt="" title="Cool" class="inlineimg" />