Degreeing Cam by Measuring Overlap @ Lifters

If you watched the video, I explained this also. The damper or harmonic balancer will tell you the degrees it's off with the timing cover once all is verified that TDC is actually TDC.
Nice video, I was taught that method back in the 70's.
The only thing you're lacking is a timing cover sawed above the timing mark and a peep hole for the crank gear mark.