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Are you checking the timing with a light and the mark on the balancer? I had this issue with my 87 Olds 307. It cranked beautifully when cold, but behaved like a total heat-soaked mess when hot. I had replaced the starter, cables, and put heat shields on both. Since, according to the mark on my balancer, my timing was correct, I refused to believe this was the problem. I finally gave up and played around with the distributor position a bit, and lo and behold, it was a timing issue. Apparently the ring on the balancer can slip. This has happened in my car and truck. Neither mark shows the correct timing. Good luck! I know I was pulling my hair out with this one, and whatever your issue is I hope you figure it out easilyJim