Well - all of the vacuum lines check out. It's running with an obvious miss around 2500 rpm consistantly. I did a compression test, and I'm at 185-190 on all cylinders. I'm assuming I could still get good compression with the timing slightly off.
I pulled the valve cover again, and the timing marks on the cam sprokets line up the same way they did before I pulled it apart. The "pre-rebuild" timing picture is below. New is the same. I double checked that I'm at TDC on #1. The crank pulley is sitting right at the zero mark.