If the key fails, the car WILL NOT even crank at all. You'll turn it, and ...nothing,,,,
With a bad ignition switch at the top of the column, the car will crank, but WILL NOT get any spark. You said the car is getting spark, and obviously it fired when you sprayed fluid into it, so it's not an ignition issue.
It is going to be a pcm related problem. Something is telling the injectors not to open. You have spark, you have fuel at the rail, you have air. SO, the fuel is not getting into the cylinders. I am not saying your pcm is bad, but something is triggered telling your injectors to stay closed. The only one I know of off the top of my head is the "clear flood" mode. That has to do with the tps sensor showing your foot is to the floor. If it was that, the car would have continued running after you primed it, because that mode only affects starting. Let me dig around again, i'll see what I can find.
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1994 Z28 Black heads/cam th350 drag car
1995 Z28 Teal 'Vert bolt-ons 6-speed cruiser
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