Smart guys out there please verify my timing procedure

IF: All is well, and all you need to do is change the timing belts, here is my brief summary of how to set the timing of 4 cams, 2 belts and 1 crank: Tell me if I am wrong:

1. remove spark plugs, remove flywheel peek-a-boo cover, rotate crank to set flywheel at 1-4 TDC timing mark.

2. remove cam covers, visually verify 4 cam notches line up with 4 cam bearing cap notches.

3. clamp cams with wood clamps.

4. compress belt tensioners, remove old belts, install new belts, release belt tensioners.

5. visually verify flywheel is still on 1-4 TDC timing mark.

5. visually verify 4 cam notches line up with 4 cam bearing cap notches, tweak cam pulleys +/- 1 belt cog or so, as required, to perfect aligment.

6. slowly rotate crankshaft 360 to verify no valves are hitting pistons.

Is this correct ? I just read the WSM and that's how it seems to me.

The guy trying to reassemble his engine had a piston getting cozy with a valve...seems to me the above would be the way to line it up.