I've always adjusted them this way.Hot.
pop the distrib cap rotate(bump) motor to no. 1 on cap.Set balancer to TDC 0....Adjust both intake and exhaust for no.1 cylinder
Rotate counter clockwise 90 degrees or 270 on balancer and set both for no. 8
Rotate counter clockwise 90 degrees or 180 on balancer and set both for no.4
Rotate counter clockwise 90 degrees or 90 on balancer and set both for no. 3
Rotate counter clockwise 90 degrees or 0 on balancer and set both for no. 6
Rotate counter clockwise 90 degrees or 270 on balancer and set both for no.5
Rotate counter clockwise 90 degrees or 180 on balancer and set both for no. 7
Rotate counter clockwise 90 degrees or 90 on balancer and set both for no. 2
Rotate counter clockwise 90 degrees or 0 on the balancer and your back to no.1 again... :wink:
Button on firewall. and maybe 10 minutes.