OK, boys and girls, sorry for the late reply. Just got done with the day's task.
TDC: Here's what I've done: Take a piece of wire and make a pointer that will go under one of the oil pan bolts and go about half way across the damper, pointing forward. Coat hanger wire or gas welding wire works well. The advantage is its easy access down there, laying on your back. The down side is you have to have someone down there looking at it while you work top side. Optionally, put the pointer under one of the bolts that holds the crank sensor on the top of the damper. It's tougher to get it in there and bent right, but you can look at it from above.
Now, you need a barring tool. Not just the splined driver, but a handle. If you have enough extensions (about 30 inches worth) then use them with a ratchet or breaker bar. I got a 4 foot length of 1/2" steel rod, cut off about 14 or 16 inches worth, welded it on to form a 'T' handle, then welded a 1/2" universal driver to the other end. That fits in the barring tool. Route this long handle down over the alternator to the tool inserted in the hole in the bell housing adapter. Now you have a real barring tool with which you can turn the engine over both ways from in front. If you have someone watching your pointer mounted below the damper, the tool can be routed between the tie rod/drag link/axle and the helper can bar the engine over from down there.
Remove the cover from #1 and bar the engine over until you're pretty sure you're seeing about TDC (intake has closed and you've rolled up about 1/2 revolution - the compression stroke). Now back it off about 1/3 rev. Loosen the nut on the exhaust valve adjuster and spin it way back. Snug the adjuster, then screw it down about 3 to 5 turns (can't remember exactly how many, I think 5, but do 4 if you're nervous) to push the valve down into the cylinder. Now slowly crank forward until you bump the piston up against the valve. Have someone put a finger on the adjuster as they can feel the piston push on the valve. Be gentle but be firm and slow. Mark the damper exactly at the pointer. Now roll the engine backward to the bottom of the compression stroke and backward through the intake stroke. Soon you'll bump the piston into the valve again. Mark the damper again. Exactly 1/2 way in between is exactly TDC, or as close as you'll likely ever get. Scratch a perfect line this halfway point. Back the adjuster off and reset the valve lash as usual.
EDIT: When you measure the half way point between your two marks made when you bumped against the valve, make sure your splitting the short distance between the marks, not the long. Marking the half way point of the long distance will have you at the beginning of the compression stroke when you think you're at TDC. Just think about what you did. Draw a picture if you have to. It will make sense once you think about it. Ideally, you'd make your first mark on the compression stroke, let the valve back up by loosening the adjuster, roll forward on to the power stroke, screw the valve back down, the back up agains the valve again. But you'd never get the valve pushed down exaclty the same amoun the second time. But the portion of the damper that passed under your pointer when you did this would be the right area to measure the halfway point in. By rolling backward to get to the second bump-against-the-valve point, you don't have to change the valve height. You just have to measure the distance between your marks on the opposite edge of the damper.
Here's the issue with the 215 pump. When you get above about 4. 5 mm of lift, the pump cam is steep and there's lots of pressure in the plungers wanting to roll the pump back. The closer you get to 5. 6 mm (about 16*) or over, the worse it is. What we did was set the plunger to 3. 5 mm of lift, where you can pop the gear without the pump moving. Now roll the engine to TDC (gear is loose, pump not moving). Then we rolled the engine backward until about 27mm of damper surface had passed under our pointer. Then we added about 5. 5 mm more. We set the gear temporarily and rolled up to TDC. We found our lift reading to be very close to where we wanted it. After doing this about 3 times, adjusting that 5. 5 mm add-on, we had it.
Now, want a simpler way? I've done the method above about 3 times with success and gotten to within 0. 2* of where I wanted it. The following I have not done, but its much easier. A feller said loosen the injector line nuts on top of the injectors to relieve the pressure! He also suggested when rolling the engine up to our desired plunger lift, go on up over the top a bit, the back it off to before our desired setting then back up to where we want it. When the gear is popped, no movement. Hmmm...
By the way, 2 other helpful hints. To clean the pump shaft/gear area, use brake cleaner with a tiny little hose (model airplane fuel hose) and the plastic tube (get 2, one on the can, then the hose, then another tube - makes it easier to spray the shaft/gear). Spray well between the gear and shaft, moving the gear about with a bolt from the gear puller threaded into one hole as a "handle". Then use compressed air to dry out the brake cleaner (move the gear around when blow drying). Do this 3 times. No exceptions. Joe D. recommeds Mopar brake cleaner as the cleanest. It will all evaporate and won't contaminate your oil. When you do a final torque to spec, it will hold and will not slip. DON'T OVER TORQUE! Second, when snugging the gear on temporarily to set the timing (after its been popped loose initially), 4 or 5 lbs of torque is quite adequate to hold it if you've cleaned the shaft/gear area as I described. I've done it with 24 inch pounds (2 lbs).
Finally, as to holding the engine when doing the final torque on the nut. just use your handy-dandy barring tool. When the gear/shaft is cleaned properly, it won't move much at all.
Sorry for the long-winded description, but that should cover it all.
-Jay