So my former boss calls me back into work to look at a car that has him scratching his head. It's a bug-eye Sprite. He was recommissioning it after a long lay-up and had gone though the usual: major tune-up, valve adjust, carb overhaul (worn throttle shafts), oil change, fresh fuel, etc. The only peculiarity is that it's timing indicator is missing. No big deal, he rough sets the timing and it idles just fine. But it won't pick-up cleanly. He goes back through everything and still no joy.
So I come in and start checking things over again. First I make an accurate timing mark and set the timing to 8° BTDC. It was at 22°, no big deal, it still should run. It just bogs down off idle and will rev but almost like it's choking. Next I remove the exhaust at the manifold, just in case the muffler has collapsed internally, no joy. So back to checking things over. I lift the valve cover to double check the valve clearances. Now that I know where TDC is, the problem is apparent right away. The valve timing is off. The valves are rocking quite a bit off TDC. Strange, it can't be a jumped timing chain as it's not that noisy.
I strip the front of the car and remove the timing chain cover to find the marks on the sprockets perfectly aligned. I double check again and the valve timing is still off, and by quite a bit. Hmm. Off come the timing spockets and the problem is revealed: no woodruff key on the camshaft.
I suppose the infamous "they" are to be congratulated for getting it close -- roughly two teeth off -- but, yeesh, what the &%$#@ were they thinking?