I will try again.
The honda workshop manual says to remove the cam and top end that the crank needs to be on the 1-4T mark. OK...
And the notch (looks like a woodruff key slot in the end of the cam, facing up 12 o'clock position. But then the no#1 cylinder valves are not in the position that you would set the valve clearances at. Instead of the lobes for intake and exhaust facing downwards at 45º angles, the lobes are facing up at 45º angles on this stock engine. Not in position for valve adjustment. Is this to get the full slack of the cam chain?
So engine disassembly is TDC#1 and valves on overlap - not in a position for setting clearances. Just seems like they should be but if I turn the engine over one more time the valves are in position for setting clearances( lobes on #1 facing down at 45º angles), but then the notch on the cam is facing down in the 6 o'clock position.