Prestolite Dual Point Question

This is not the distributor that is in question, but it is a picture of my Prestolite that I will use for reference.
I'm able to wiggle the cam side to side. When you look down at the top of the shaft in the center of the cam. No side to side shaft movement is notice. If you understand what I'm saying.

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That's it no felt though that needs to be oiled once in a while say every 25k or so at least.