Yes but I doubt you have the wrong balancer, there is the neutral balancer for internally balanced rotators and the stock stuff one with v belts and one with serpentine.
It is possible the key is sheared in the crank and the timing mark is now off.
So you have 15* with the line off the vacuum advance? What is the timing after you hook the vacuum advance back up?
I'd kick it up to 22* line off to start but watch the TOTAL timing don't let it go too far, just for testing I'd do a few pulls but stay out of boost.
Example from my car( I start out now with 24* and by 2600 to almost 3000 rpm's my TOTAL timing is 18*)