The weird thing I noticed the first time I set my cam sensor, was that I didnt have 7-9 volts like people said it should. It was something like 4.5 volts. All the grounds are good and the connections were good, so I dont know the reason for this.
Anyway, Ive done it the voltmeter way, the caspers tool way, and the "stranded on the road" way. The last way works just fine. Assuming the cam sensor isnt 180 degrees out, and assuming the cam sensor isnt a tooth off, you can just pop the cap off, and then using a socket on the alternator pulley nut, put some tension on the belt with your left hand so it will grip better, and rotate the motor until the window on the cam sensor interrupter ring is almost pointing toward the air filter. Thats the general area...toward the front drivers side of the car. Then look at your timing marker on the balancer, and rotate until you reach top dead center. If you're not 180 out, you will be on #1 on the compression stroke. Dont go past TDC and then go backward to get it right. The slack in the timing chain will be on the wrong side, and the lash on the cam sensor gear will be making contact on the wrong side. Make sure you're going clockwise, and STOP on TDC. If you go past TDC, then back off counter clockwise enough so that when you start going back toward TDC, the slack in the timing chain will be taken up and on the correct side, and the lash on the cam gear will be taken up where it should be. Loosen the cam sensor retaining bolt just enough to allow you to rotate the sensor housing with a little friction, (allows you to start the motor, warm it up to get to closed loop and see how it runs, and then you can adjust depending on how it runs...it should be tight enough that it doesnt move while its running, but loose enough to adjust. Having to loosen/tighten/loosen/tighten is a PITA) and rotate the sensor housing until the little rectangular slot that locates the locating tab on the interrupter ring, is lined up with the slot on the aluminum housing of the cam sensor. That little slot Im talking about, is the one that locates the black cap in position. That little rectangular slot on the interrupter ring is 180 degrees around from the big window on the interrupter ring.
The first time you do this job...if you want to make sure you're not 180 out, is to pull the # 1 spark plug out and have someone click the starter and rotate the motor till alot of pressure starts blowing out of that hole. Rotate to TDC, and then with the cam sensor cap off, make sure the window on the interrupter ring is pointing somewhere in the air filter area, and that little rectangular locating slot is right around the cap locating slot on the aluminum housing. Then continue to do the procedure above.
You can make 2 marks on some masking tape, 1.45" apart, and put the tape on the balancer, with the first mark on ZERO, and the second mark on the left side of zero. Then use that to go to your position and use your caspers tool or DMM or whatever. Ive done the "stranded on the road" procedure, using the masking tape and going past TDC to do this, but I found the car ran better by just doing this procedure with #1 right on TDC.
It takes like 5 minutes to set it this way, and it runs just fine. Doing it the way as explained everywhere else, caused me to have an off idle stumble. This other way was a tip given to me by Lou Czarnota, and it works. I dont remember if he said to do it with #1 past TDC with the tape, or if right on TDC, but I tried it both ways and it ran better on TDC.