Hey folks, had someone mentioned that if both valves on the number one cylinder are closed that this is an indication that the engine is at TDC. Or close enough to set the timing. Is this anywhere near correct or just BS?
It's true but to find TDC exactly you need to be able to see the mark on the balancer which is normally 99.999999 % accurate but it only indicates TDC on every crankshaft revolution so you have to verify both sets of facts - the valves are closed, and the piston is exactly at TDC.
The spark event normally happens a few degrees before TDC. At idle the manual recommends 6 - 12 degrees BTDC for the spark event timing. You can use an ohm meter or a timing light to verify this prior to any gas in the carburetor so that timing is exactly where it should be for first fire up.