Just posting an update to my initial timing report. I checked the injection pump timing again on Sunday and confirmed it was at 0.77mm advance. After replacing the leaking rear camshaft oil seal I re-timed the pump to 0.90mm advance.
The car seems to have more pep, and it starts easy. There is smoke when starting and when accelerating. Logically I expected smoke, but its not something I desire. My next plan it to remove the injectors and rebuild them (measure pop pressure, re-shim, replace the nozzles), I am hoping that this will clear up some of the smoke. After all its inefficient to have smoke, that's partially unburnt fuel!
Before going any further into the engine I am going to install an EGT. My plan was to EGT to establish baselines, then advance the timing. I guess I got a bit ahead of myself.
-Jim