5twins, that may get you close, but there are two problems. First off, there's error due to the different tooth count. Second, valve timing differs between the two camshafts. No matter where you put the sprocket, you'll wind up with <20* error when you line up the camshaft, but how much less is up for grabs. Valve timing doesn't have to be spot-on at factory spec; even on competition cams with fast ramps, race tuners will tweak the timing up to 3* one way or the other, depending on where they want the motor to develop peak power, and the slow ramps of the OEM cams cut you a little more slack. As a WAG I'd put the chances that the sprocket would wind up in a decent operating position without measurement at around 25%. The problem is that unless you degree the cam on the bench, you won't know if you've hit the sweet spot until you have the motor back in the frame. I don't like those odds.
You're definitely capable of degreeing in a cam, and so is anyone here who's able to assemble a motor. Like many procedures, it sounds much harder than it is. The most difficult part is to keep camshaft and sprocket aligned with your marks while pressing the sprocket on. I don't even attempt that myself; it takes my machinist several tries to get it.
BTW, I gave the drop-indexing method for TDC location on the assumption that an assembled engine was being inspected. If the head is off, the best method is to locate TDC with a dial indicator set up directly on top of a piston and zero the wheel and pointer to that. Tips: Rotate the engine with the primary cover off using the nut on the right end of the crankshaft, to avoid disturbing the degree wheel. Also, if you use drop-indexing with a plunger, make sure that the cylinder is on the compression/power cycle to keep from fouling the plunger in the valves, and keep the plunger freed up by hand when the piston is on the rise. If you don't, side load will lock up the plunger.