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At the end, we can cook this sh!t down to a few simple ways to do the job:
1. If the engine has a good known timing and work well, leave the floating sprockets in place and replace the belt the "tipex" way. The chance for altering anything is minimal and the timing will probably by sufficient within correct timing. No special tools needed.
2. If the engine has been rebuilt or it is suspected that the timing is out, use the special tools to set the correct timing.
3. If the engine has been rebuilt and the special tools are not available, set the timing by locking the crankshaft in "safe position" and align the marks on the rear sprockets.
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Yep agree with 2 and 3, but if it was me and the engine had good known timing I'd scribe a line through both pairs of rear sprockets, change the belts leaving the front floating cams tightened, rotate the crank two turns then check the scribed marks and if they are out adjust on the floating cams.
But each to their own.
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