Anyone have experience installing Hughes cams?

That cam actually does have a generous amount of overlap.
Hughes FT cams are usually rated at .008 tappet rise, and seem to have acceleration ramps totaling about 46*
from .050 to advertized, but it's hard to say with a solid, on account of the lash takes some of that away.
So by guessing;
I'd guess the advertized specs on that cam might be 256/252/109 and from that, the overlap would be 36*. That is quite a bit. But to get all of it, the install would have to be 116*.... which would generate an Ica of 58*, a pretty late closing intake, so you would need a lot of cylinder pressure for that to not get real soft off the line.
By advancing that cam to the spec of 104*, the Effective overlap shrinks to 24*, and the Intake closes much earlier (52*) to maintain some cylinder pressure. That's the way those cams work.
And they have to be like that to have enough powerband to work with the wide-ratio transmissions that are run behind them, and/or stock type Convertors.

If you had a close-ratio 5-speed M/T, or a 2800 stall TC/904, in that thing with a higher Scr say like 9.5,
THEN, you could reset the timing of that same cam to split the overlap which is 116* installed, and get the max effective overlap. But IMO, that cam would then be the wrong cam for the new combo.
All in all, for a stock compression engine, what you now have is pretty good.

I don't know what you mean by "effective" over lap. Over lap is ground into the cam, It is not adjustable. They are not giving the adv duration and at what lift it is measured. I would like to see the lobe graph.