Am I missing something? I've been retired for 13 years, but, Andy, your Pagoda is older than that, so it should not have changed since I retired - joke!
I think in your first photo of the crankshaft and IP timing for installation, the marker is actually set at 20 degrees BTC, not ATC. Unless, of course, down below the engines turn backwards when you drive on the wrong side of the road.
Anyway, if the engine turns counter-clockwise when seen from the driver's seat, it turns clockwise from the position of your photo. That means the TDC ( 0 ) point should have passed the pointer by 20 degrees if it is to be timed to 20 degrees After Top Center.
Please, someone. If I am wrong, tell me quick. I would hate to be responsible for, as Andy says, "Cocking something up".
Tom Kizer
Quebec