The books tell you to cut a timing plate.
All of the cutting is subject to a flaw in precision. The very short, square sides of the cam lead to a tolerance of a couple of degrees at least,plus any tolerance of the plate.
This amount of accuracy( not a lot) can be just as easily measured by laying a flat bar across the rear of the cams.
The most accurate way, is to measure the cam for centerline, with two dial indicators, rocking the cam, finding cam TDC,IMHO.
If you mill the head, you should reset the cam timing, as now it will be a little late.
Clamping two short flat bars to the side of the cam works very well. Project them vertically, and square with a T square, to the head surface. This reduces the flaws, to measuring the square, and the grind of the cam end.
With a 6 in bar the angle is very visible to the eye, two degrees off shows easy.
This car is to replace My 16V Jett for the street. The 16V Jett, will be a FSP race car to take on the Grass Roots FSP car, here in FL.
The 318 is not yet dependable enough for my Son to drive all over Florida to play Ultimate Frisbee, for UCF. He has my Wife's PT cruiser, (car dominoes) etc.
They do drive very well. I thought that it was worth some cash,but I guess not. With that in mind, we are going to change the color to frost blue, from silver. I already cut the front springs so that I can look at it. Big improvement in turn in, just from that. I raced a 320I and a 2002 . The 320 was my favorite ITB car. Solid chassis, good brakes. The 02 was too weak to deal with the new tires. MM