Degreeing Cam Needed???

If your really trying to make HP, then yes, if it's a small cam, No. But it does help alot in getting the most out of it.
By small cam, I mean under 280* advertised. Though this is very small by compare to race cams that can be as large as 280* @ .050.
If you look at duration @ .050, a small cam example would be under 220*.
Like I said, to get the most out of it. A small cam like this may see 5 hp when in as perscibed. But the big cam example could be 50HP.
On the street, 5 is nothing. On the track, it's a win or loss.