I hope this doesn't sound stupid, but just to clarify, what exactly is the goal of degreeing the cam? Is the point to get the cam events to happen as close to the manufacturer's specs listed on the cam card as possible in relation to crank location? This is where I'm confused

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I'm pretty confident I've done all the measurements correctly, now I need to know what to do with this info.
Cam card calls for Intake lobe center to be 111*
My measurements using the centerline method shows 114.5*
This would mean my cam's intake centerline is 3.5* retarded from the cam card.
Cam card calls for Exhaust lobe center to be 102*
My measurements using the centerline method shows 97.75*
This would mean my cam's exhaust centerline is 4.25* retarded from the cam card.
Cam card calls for Intake valve open at .050 to be 22* After Top Center
My measurements using the .050 method shows 24.5* After Top Center
This would mean my cam's intake valve is opening 2.5* retarded from the cam card.
Cam card calls for Intake valve close at .050 to be 20* After Bottom Center
My measurements using the .050 method shows 25* After Bottom Center
This would mean my cam's intake valve is closing 5* retarded from the cam card.
Cam card calls for Exhaust valve open at .050 to be 11* Before Bottom Center
My measurements using the .050 method shows 7* Before Bottom Center
This would mean my cam's exhaust valve is opening 4* retarded from the cam card.
Cam card calls for Exhaust valve close at .050 to be 13* Before Top Center
My measurements using the .050 method shows 9* Before Top Center
This would mean my cam's exhaust valve is closing 4* retarded from the cam card.
Based on the measurements above and looking at the degree wheel, I have an Intake duration of 180.5* and and exhaust duration of 178*. Cam card calls for 178* duration for both.
Based on the measurements above and looking at the degree wheel, I have an overlap of 32*. According to the cam card, it should have 31* of overlap.
I understand that this is one retarded cam....just not sure what to do about it. I know I'll need to advance the cam in one of several methods (jumping a tooth on the timing chain, using an offset key, etc)...but what I really need to know is what is my target.
Thanks again guys for helping me sort this out!
Paul