Yes this can be done with the engine in place. A Degree wheel is not 100% needed for a stock cam in a street engine, but if you have a performance build with a performance camshaft then it is time to learn how to use a degree wheel. There are a lot of videos out there on how to do that.
I'm currently tuning my dcoe on my spitfire and have found that the right barrel that feeds cylinders 1 and 3 (firing order #) cannot be adjusted by the idle adjust needle meaning that the jet that feeds those cylinders is not functioning. I switched the jets to the other sides and the problem follows the cylinders to 2 and 4. Have the jet in solvent to see if i can get contaminates out of the 45F9 jet. If not you can buy a new pair for $20.
The video is instuctional for diagnosis. There are multiple ways to fix this, and certainly teflon tape or other methods can be tried if one wants to trust the rest of this carburetors quality.
Never really measured this, but it would be quite obvious since you would be more than 1/2 inch away from the TDC pointer. At that point it doesnt matter how many "degrees" it is off. It just indicates that it is off by at least one tooth.
Super restoration. I love the colour and the upholstery looks top notch. Love the houndstooth door panels. I'm sure the new owner will be very proud of this car.
Wow, l'd love to tour your shop. I restore MGBs and MGCs as a hobby. I am up to 31 MGs so far. I started at age 15 when my parents gave me a 67 MGB with a blown motor. I presently have 7 in my collection. 6 MGBs (68, 71, 79, 79 LTD, 80 and 80 LTD) and a MGC Gt 68. All are fully ground up restored except the C and 2 of the B's. Now that I am retired I have plenty of time to thinker. I have also restored a few Spitfires. I prefer MGs