I do pretty much the same thing with a few exceptions

1. make sure your #1 piston is comming up on the compression stroke.

2. Then set the timming mark on 10 deg BTDC

3. set the distributor in (May need to adjust the oil pump) and line up #1 plug to be right on the top of the rotor. This will get you pretty close with the timming.
4. fill the carb with gass from the vent tube (you need to be creative hear, I use a rearend lube bottle to do this)
5.Make sure your not pluged into the Bat and not tac with the pink wire
6. I have alway just used the old screew drive in the sparkplug boot next to the block to check spark.
7.If your breaking in a new cam don't forget to follow the instructions and keep a garden hose close by to run over the radiator.

Hope somthing helped hear.