PUZZLER!!! My new motors a dog! what did I miss?
By any chance did you check the exhaust center line, just as confirming info? It ought to be at 116 BTDC, using the same method. (And BTW, I re-read and saw where you got the TDC set with a piston stop.)
Do you have the actual measured crank angles at .050" intake lifter lift for ICL that you can share? (Just to re-check the math......)