Nathan,

psfred is correct that the IP can be 180 out, but that is if you are not looking at all the other marks.

To reassemble the engine; move the number one piston to near TDC. Carefully install the balancer, without pulleys installed, with the TDC marks on the balancer aligning with the pointer mounted on the front of the block. When mounting the balancer, DO NOT PUT PINS IN PLACE THEN DRAW IT TIGHT WITH THE BOLT!!!!!! If you do this, you can DESTROY the crankshaft. Take the two round pins out, place the balancer on the crankshaft aligning as described above, and with the pin slots in the balancer slightly counterclockwise from aligning with the slots in the crankshaft. This is because it will turn slightly while the bolt is drawing it on. Draw the balancer on with the bolt. If it does not line up, pull it with the balancer puller and try again. You may have to do this ten times to get it to line up properly so that you can place the two pins in place. If it takes you fifty times to get it lined up properly, do it. Crankshafts have been destroyed by just drawing it in place with the big bolt and putting it on the road.

Once the balancer is in place, turn the balancer to TDC, if the camshaft mark does not align with the cambearing stand mark, turn it one full turn to TDC. Once the engine is in this position, align the slot in the IP shaft spline, with the mark that you will find next to one of the three screws on the front of the IP. Carefully slide pump into place with the IP mark aligned with the block mark, this is at the front outer portion of the IP.

Once the pump is in place, fill the main filter with fuel and the primary filter with fuel, and maybe you'll need a hose pointed up with fuel in it. With your thumb and forefinger over the two barbed fittings at the top of the main filter housing, pump the handpump to build pressure in the system to do your start of delivery adjustment with drip tube in place. This is all if you are doing this with the engine on the stand instead of in chassis. The reason I did this on the stand was to ensure that I didn't have to end up removing the oil filter housing while engine was in chassis to retime the IP.

Hope this helps,