I think you have it all backwards Dave. Retarded timing aids Top end Power. Advancing the timing aids low speed power. The biggest complaint with a stretched timing chain is the car accelerates ok after it gets up to speed. I would NOT retard the cam for a street car unless the cam manufacturer suggests you do this.. Low end torque is whats needed not a slight increase in top end power and it will be very slight as most street/ hi-perf. cams are ground with a little bit of advance into it. Lining up the dots is fine IF you have a new timing chain, intermediate shaft and cam gear, but it only takes afew minutes to find the installed Centerline of the Intake valve inregards to the crankshaft position. Lining up the dots and using that at face value is risky and you place the trust in the manufacturer, which can make a mistake. One tooth 'off' is worth 12 degrees + or - this CAN affect drivability.
www.webcamshafts.com for more info click glossary. Hope this helps,,I like RollMaster they are all Billet steel, heatreated, German Iwis chain,,Torrington bearing for friction reduction and save the block from increased wear at the interface the worlds finest MoPar timing sets!
Also make sure the timing set isnt too loose if it is a smaller set can be ordered, .005 to .010 if it's too loose it will permaturely stretch quickly and retard the timing agin in short order due to chain whip and this causes the chain to stretch. It should fit tightly with no more than .100 play approx.