Welcome to the forum!
Here is the sticky page with Merc info, it's at the top of this forum
http://forums.iboats.com/forum/engin...ation?t=329915
Some ignitions supply 12v only during start up, and then use lower volts during operation. I looked up the Pertronix setup for you. Only thing is , their page is a cluster. It's hard to find the Mercruiser instruction pages. If their other points conversions are any indication it appears you can use it either with or without the resistance system. .
I will dig some more and try to find the exact info for the Mercruiser I6 engines. Is your Pertronix Ignitor I, II, or III?
But in the meantime, to get to TDC without the engine slipping past the mark: Remove the spark plugs and the compression will no longer spin the engine past your desired stop.
You can confirm that it's on TDC-compression by feeling the #1 plug hole for a puff of air as it hits tdc. That only happens every other revolution. The rotor should point at #1 when you get the puff.
To be really precise on your crank positioning you may want to get a mechanics starter button, they are cheap and can be used to bump over or crank the engine as you are next to it.