Brass plate good in my personal opinion, far prefer them.
Water in the potting not good, may well suggest capacitor leakage when you test it, even if the thing is still good when bone dry. You want a capacitance, per Lucas, of between 120 and maybe 160nF, and you want it to be leak-free on a megga to a couple of Giga Ohms at 250v certainly, 500v better still.
OL secondary bad bad, 1.3 ohms primary is typical on meters that aren't 100%, and sounds OK. Should be 0.5 - 0.6 ohms and probably is, they usually are. Open Line HT coils often work for a good while as the spark jumps the gap inside -and makes the gap bigger over time - until it doesn't jump it any more). Should be no measurement from the iron bobbin itself to any of the wires when the capacitor is out and the coil is 'bare'. Should have the low reading between the LT tails, and something from 4000-6000+ ohms between either of the LT tails and the HT spike, depending on the winding recipe - wire gauge, number or turns etc. If you hold the coil with the HT spike facing away from you at 12 o'clock, the common 'earth' lead for the LT and HT should be at upper left, 10 o'clock as you look, and the LT live at lower right, about 4 o'clock. That's the one that doubles back on a K2F via a groove in the bobbin to get to the nut on the base of the contact breaker centre screw.
If in any doubt having got as far as this, it's not worth doing anything except get it rewound, replace the capacitor and maybe the slipring, have a few shims to hand to sort out the endfloat on the reassembled armature and it should be plain sailing thereafter.
Good luck,
Bill