Either Enterprise Engines or the guy you got the truck from can only answer the frist two questions. I have no idea what is different about that cam from a stocker, but I am sure Enterprise can explain it all to you.
As for a timing, the cam does not affect it, as it is the time when the fuel is injected into the cylinder and not when the valves open and close. You can set your injection timing anywhere regardless of cam type. The injection pump is driven off of the cam gear.
Timing can slip because the gear is torqued/pressed onto the tapered injection pump shaft and if the shaft is not very clean and free of oil it can slip back and retard timing. Make sure the injection pump shaft is clean and dry before reistalling the drive gear on the shaft.
The kit that I use for setting timing is the Snap-on kit part number SP500. I believe it is about $210, not worth it IMHO but you get what you pay for. Haven't seen the Miller kit but I am sure it is very similar.
Just keep doing a search on the 12v forum for timing adjustment and you'll find tons of reading on procedures and where to set it at.
Joe