Two basic avenues are keep it stock, with new components, or go for upgrades/non-stock parts.one_bitter_dude said:
Stock - points/condensers/coils for your ignition, and stator/rotor/zener/rectifier/battery for the charging side.
Upgrade - Boyer electronic ignition w/single coil for the spark side and Sparx uprated charging system, which is a stator/rotor and regulator/rectifier box. Oh and a little battery because the Boyer needs it. This cleans up the charging side considerably (fewer parts AND higher output). The ignition is fixed/doesn't have moving parts to wear out either.
The points argument is that you can always fix them on the side of the road with a hammer and baling wire. The counter to that argument is that you don't have to fix a Boyer.....