As far as racing MX goes, the MR is a wide ratio unit more suited to enduro/desert racing. A lot of people had trouble with 3rd gear on the early CR transmissions. While that disengagement problem is not present with the MR transmission, reviewers of the MR didn't like the gap between 2nd and 3rd gear. I think all the parts you asked about can be used with your engine. And as far as ignition goes, a lot of people swear by PVL, but I can't justify the huge cost and I've had no problems with points ignition. I occassionally ride MX with an MR transmission, but I'm not racing anyone but a few friends and I'm not under any illusion of beating them on their new Big Boy bikes. A 75-76 CR transmission is probably better for what you want. Or if you have the original transmission and third gear is still in good shape, you can get it undercut a bit and solve most of the problems people had with the early trans.
See this:
http://alp-sys.com/vintagedbforums/view ... 28&start=0