Cam Degree?

Street car or race car? If its a street car, I would put it in straight up. If its a race car, I would retard the cam 4 degrees. If you retard the cam, then camshaft events happen in the higher RPMS, if you advance the cam then they happen in lower rpms.

If you're racing the car, then you want to stay in the higher RPMS as thats where the car will make the most HP. HP=trq*RPM / 5252 or something like that.

If I were you, and I wanted a street car, I'd put it in straight up and give me some more grunt in the mid range for better stoplight to stoplight action. Plus, I personally feel that a street car should not be spun high. (Shifts at 6000ish)

Adam
 
It really depends on the cam and the actual events to determine how it will react in the upper rpm's. Its not always a good thing to advance or retard it like the guys made mention to above.

I still think its a good idea to degree a cam in. Only takes a few minutes and is one less thing that could be wrong just incase you have problems like no or low power for example when its running.