It's more accurate. Even with a dial your still guessing. but with a light you can set it exactly at 12* btdc. Every pump varies a bit.. your pumps being set at 12* btdc may yield a dial reading of 1.15mm but mine may yield a dial reading of 1.08mm at least thats how andrew explained it to me when we used his on my engine. I also think it can change as things wear in/out. If you have the cash its a worthy investment as I'm sure you will have to take something on your engine apart again where you may have to remove the belt or ip.
dont worry i was thinking protractor on pump gear... then nahh wont work.. then trig to mark flywheel from tdc.. but how do you figure out tdc of the pump together?
^^ Hence the value of hillbilly timing... you hear the light-off.The pulse can tell you... when the pump strokes?... or when the injector opens? Neither of which represent start of combustion.