It's 180' out. I'm not a gambleling man, but I'd bet good money on this one. #1 at the top doesn't mean it's on compression stroke. If the pistion is at the top and you rotate the crank one revolution 360', the pistion will again be at the top, but it will be on the opposite stroke as before it was rotated. Either way, the timing mark will be on zero.
You can play all the technical games you want, but the way I would address it is to pull the distributor out, twist it 180' and drop it back in. Why is it that I think it will fire right up?
