Degree a camshaft.

Yes, and that is why I ALWAYS tell folks to let the engine decide where it wants to be timed, or tuned. I hate it when some people say "set the total timing at 34* and lock it in".

Not really a problem if you "KNOW" TDC is TDC. But your extra step might get you more power. I myself usually go a few steps forward and backwards to make sure I have optimum tune.