Yes, I transferred the stock cam sprockets over to the new '02 cams that I got. It does need smaller cam bolts to hold them on, and you can get them either from Ford or from a good hardware store (which is what I did). Ordering them at the time you get the cams would be easier and more convenient. The tools looks like it keeps everything in place. The cam sprockets are keyed so as long as the chains and sprocket don't move, everything will stay timed.
Home projects and family duties have kept me from getting off the ground with the PI intake swap. I'm trying for this weekend or next.