Individual coil systems came about with the triple cylinder engines, and stayed. You can set the timing for each cylinder separately to compensate for crank twist on the big engines, but it's kind of pointless on a freestyle twin cylinder.
This was the progression for MSD:
single coil analog - used plug in chips to set retard rate, start retard rpm, and rev limit
single coil digital - more programmable with dip switches on the brain
dual coil digital - same as single, except 1 pickup per cylinder
The dual coil digital is all that is sold nowadays, so if you want something else you're buying used, very used normally. Performance is pretty much identical, though probably a tad more voltage out of the individual coils.