1969 Dodge LA 318 engine timing.

Apparently someone has installed the distributor 180 out and then rewired the cap to make it work......

you can leave it like it is....but...if you know what you are doing I would move the distributor and correct the wiring on the cap.....

the intermediate shaft should not have to be moved...just the distributor..
Hang on brother, If you stand in front of the rad,and take the #1 front intake bolt to be about 5 o'clock, and the rotor is at 9 o'clock, then the intermediate shaft WILL have to be reclocked, if you want it to match the FSM
But if you are standing in front of the driver's fender, then the #1 front intake bolt would be at about 7-o'clock, and the I-shaft would still have to be re-clocked..... to match the FSM.
>>But if the distributor driveshaft tang is not in alignment with the rotor, then all bets are off.

So the trick question is; "where is 9 o'clock".

If; you're not familiar with distributor clocking,
And; the wires are currently long enough to be properly routed,
And; the new D drops in with rotor pointing the same as the outgoing D,
then; I suggest to leave the I-shaft where it is; it's of no consequence to the engine where it is so long as the wires are properly indexed.
because; reclocking for a newbe can be a frustrating experience, as the oil pump can be a cantankerous thing to bullseye.