If it goes to the front most cylinder on the passenger side of the car, then yes it is. The wires dont have to be in any specific position for the car to run, only have the right orientation to the rotor under the cap.
Some will argue that the car runs better with the number 1 wire in a certain position on the cap.
Skoobie - on my MSD cap, there is a number "1" on the cap to orient things from the outside. But, the #1 wire is the wire that goes to the number one plug. As hllon4 says, doesn't really matter where it is on the cap as long as 1) timing is set accordingly, and 2) the firing order is correct. As a practical matter, there is a limit as to where you can put the #1 plug, and still rotate the dist. enough to get timing correct without having the wiring harness bump into the t'stat housing on one side, and the a/c brackets on the other.