Degree in the cam...
Step juan is to find
true TDC for your crank.
I taped a degree wheel on to the center of my rotor zeroed out on the case's TDC mark
Then with the engine to TDC on #2-3 according to the case mark, I lightly clamped a thin punch on the head that poked down through the #1 spark plug hole about an inch. (Be careful here that you don't clamp your piston stopping device in the way of a valve, or you'll bend something.)
Then I rolled the crank counterclockwise (The direction the kick starter kicks the engine) until the piston stopped on the end of the punch, and took note of the degree wheel's setting of 43° off center. Then I rolled the crank clockwise (The opposite of the kick starter's kick direction) until the piston stopped at the punch again, and took note of that 53° reading.
If the two measurements aren't the same, then you are off center by exactly half the total variance. So in my case, I'm off by 10° on my measurements, so my case TDC mark is 5° off.
This shot shows my
true TDC on the degree wheel
Now that I have TDC lined up, I secured a Dial Indicator on the little flat spot at the tip of the #1 intake rocker, and zeroed the gauge at no lift. (This can be anywhere in the rotation that the rocker is at complete rest with the intake valve fully closed.)
The unit I use is a Harbor Freight spesh that came all together with the clamp arm, vise grips and indicator in a nice wood box. (I don't see it on their site.)
Now turn the crank counterclockwise until you start up the lobe on the #1 intake rocker, and go slow because the reading you want comes up fast. Stop when the dial reads 0.050. (The first "50" on the dial in the initial rotation on 1" gauges.)