I had a small victory this afternoon. I used my data adjusted for the 62° angle of the spark plug hole and my eBay acquired TDC finder dial indicator. I rounded the end of the brass rod. I found Top Dead Center (TDC) to be quite repeatable. Then lowered the piston 9.20mm Before TDC and the pointer was at exactly 31°! I cranked the engine back to TDC and my "0" mark lined up. I then checked The 3.92mm distance from TDC and got exactly 20° on my pointer.
My clutch cover pointer happens to be right on the money. The main little victory here is that the 20 and 31 degree marks were BOTH right indicating that my data accurately predicted that they would be 11° apart.
I got full repeatability with my gauge and engine. I can say that the engine is tight on both the big end and gudgeon pin end of the rods. As Les said, all I have really done is confirm that my pointer and rotor are accurate. If I had found that to be off I would have simply recorded the amount of the error so I could correct for it when I time the ignition.
Cheers, Dan.