Yes, thats right, 12 pins = 6 links. The Motor Manual shows the sprocket marks in the middle of the links on both ends but it would seem not to matter anyway. As to interference, the chambers are deep and the valve lift is low, you will know by the compression pressure after you correct the timing, or you can do a leak down test. Adjust the valves when you finish with the timing chain, you may have adjusted the valves with the tappet not on the base circle. Also reset the distributor timing, it will be off. Some of the larger 262 truck motors have gear drive cams. You probably do not have one of these. Also, some of the later 223 motors have a ZERO lash rocker lever on the rocker arms. They give the effect of zero lash hydraulic lifters. If you have one of these, they are adjusted differently and use a different cam ground without clearance ramps for the zero lash. If you have one of these cams and use the regular (earlier) rockers you will have noisy valve action like converting a hydraulic cam to solid lifters on a v8.