The best distributor choice would be the `74 49-state, 4-speed Type I 0 231 170 034 (A.K.A. 043 905 205 or "SVDA") that has both centrifugal & vacuum advance. The centrifugal component is essentially like that of a 0 231 178 009, but slower - it's not all in until ~3800, vs ~2500 for the 009. The `74 34PICT-3 carb was subtly different than the `71-`73 versions, but it's nothing to lose sleep over - the early carbs work just fine with the SVDA. This'll give you over 40° total at high RPM/light load without risking any damage to the engine.
If you have a `71-`73 "DVDA" distributor, it has essentially the same curve as the SVDA when the retard side of the canister is left open...then set it at 7.5°BTDC initial like the SVDA rather than the stock 5°ATDC.
Either of these distributors will provide a little "kick" in the advance coming off-idle, which helps fire the lean mixture that's inherent at that moment with the larger DP intake tract. A centrifugal-only distributor like the much-maligned 009 is incapable of doing that, which is why they receive the blame for the flat spot. With a clear heatriser passage and a stock muffler the 009 does just fine, but almost all aftermarket exhausts don't provide the preheat flow of a stock muffler.
Any of the vacuum-only distributors (or the vac/cent used on `68-`70 AutoSticks) will advance way too soon with the signal from a 34PICT-3, so don't bother trying to make any of them work. Here's a place to use for identification:
http://www.oldvolkshome.com/ignition.htm
I don't anticipate needing to make any jetting changes. But the 'Ghia carb is a little different, having
slightly different main and air-correction jets, so if that's still around you may already have all the jets you should need if you feel the need to experiment.
Use an aircleaner that is designed to contain the "standoff fog" which is present above a stock carb at speed. Stock oil bath or dry-element, whichever you prefer - but avoid the low-profile type unless you add a hose to raise it above the airhorn as far as possible. If you have the snorkel from the 'Ghia, you could use it and mount any filter of your choice off the end to satisfy this requirement and fit comfortably beneath the engine lid.
Personally I prefer the stock c1971 oil-bath which has an integral wax-pill thermostat to control the warmair flap. No cables or vacuum hoses required to make it work. The warm air helps with driveability during the first few minutes of warmup on cool/damp mornings, otherwise it's not missed much.
The `71 Bug trans is an AH with .88 4th and 4.125 R&P. The "AN" from the 'Ghia has the same ratios but a 3.875 R&P (because of its better aerodynamics the factory engineers chose the 6% taller ratio for the 'Ghia). I wouldn't recommend going any
taller than that on a Bug with a 1600 and stock-diameter tires, but it'd be safe IMO and perhaps improve your highway gas mileage - it'll drop the RPM at 70 MPH by ~200.