Yes, there is, the one recommended by the "book. " Involves a dial indicator, adaptor, and finding TRUE Top Dead Center, not just relying on the timing pin. Contrary to popular belief, you can use an SAE dial indicator, just takes some converting from MM to thousandths of an inch. (25. 4mm to the inch). Do a search on timing in the 1st Gen forum, and you should be abel to find what you need. Or just follow the book, and not rely on the timing pin for true TDC, only as a guide to get you in the general area.
However, moving the timng up a bit can get you an increase in fuel efficiency, bottom end take off, and cut smoke. To each his own. I've done it both ways, and can tell you it is possible to go WAY over on the timing and not know it.
Daniel