Oil pump drive shaft and gear installation?

If I see what I think I see, and you are at TDC1, you're off 1 tooth "by the book". should be 1 more tooth clockwise, as facing slightly more forward.
I was curious.
It does seem to be pointing between cylinder 1 and 3.
So I assume the issue would be that the distributor won't be in the most desirable position?
But it should still work, correct?