Thought I'd chime in to suggest an old-timey way to check on the crankshaft/camshaft alignment issue.
On any four-stroke engine I've tinkered with (including TR engines), there is a "point of balance" that you can use to verify things are lined up. You can do this without referring to marks on the sprockets, etc., so it is a good backup technique.
Turn the engine over slowly by hand, and watch the number 1 piston as it slides up and down the cylinder. Every second full rotation of the engine should result in the #1 exhaust valve just closing, and the #1 intake valve just opening at the moment the #1 piston is at the top of the stroke.
This is easier to do than explain, but I've found it to work on everything from farm tractor engines, to British sports cars, to old airplane engines.
Good luck and let us know how it works out.
Jeff