Sorry - I left that part out. I used an APE positive piston stop in spark plug hole #1 and did NOT go by the slot on the right side end of the cam. I found TDC by finding the mid-point on the degree wheel when hand turning the crank in each direction until the stop. I did this several times to make sure I got an accurate reading. Without affecting the position, I loosened the degree wheel and re-set it at zero degrees. From there, I degreed the valve opening to .050" on the dial, then back to close.
But then the dilemma, instead of "squaring" the intake and exhaust lobe centerlines, I adjusted the cam so the intake centerline matched the cam card of 104.5 - really ignoring the exhaust lobe centerline. If I had squared the centerlines, the lobe centerlines would be equidistant from card spec, which I heard is better. BTW - I did set the lash to zero and used .050 to measure. I did measure exhaust lobe centerline. With intake lobe set at 104.5, the exhaust lobe centerline is 105.5.
I have seen folks time their sohc cams both ways - setting the intake lobe to the card intake; and squaring the lobe centerlines.
What do you think?