in that pic , the crank pulley looks crooked compared to the water pump pulley possibly giving the illusion it's really far off. those crank pulleys sometimes fit real snug on the balancer and have to be pulled on with the bolts.
were they lined up before removal ??
I just had it pressed on with my hand so there may be some truth to what your saying...perhaps bolting it down tight and placing a small spacer on the WP pulley will do the trick...
I did not pay close attention prior to the rebuild unfortunaely...
