Re: Timing Chain Question
No, then you'd have the distributor 180 out.
What you are seeing is absolutely normal.
At TDC at Compression, like you originally had it, the mark
on the cam gear is normally at the top like you saw.
When you rotate it, 360 on the crank/180 on the cam to get
the marks close so you can align them, you are actually
putting the cam on the "backside" or "overlap" side, not
the compression stroke.
What you are experiencing is absolutly normal, don't try to
correct anything, just put the new chain and gears on so
the marks line up the same way and button it up.
Before putting the cover on, rotate the crank around several
times to make sure everything is fine. Check the slop in the
chain at several positions to make sure the slop is always
Rub lots of moly assembly lube, or Slick, on the gears and
chain and button it up.