The grease you use is fairly thick and being the advance rod only turns about 1/4 turn inside the cam then the needle bearings are a bit overkill.
If you want them then use them. They might let the advance rod respond to changes in engine speed quicker.
The advance rod does spin the same speed as the cam, but the grease is thick enough to stay in place even then, so no seal needed.
The labyrinth seal with the internal groves acts more as a reservoir for extra gease than as a seal as most think of a seal. Why they called it a labyrinth seal instead of a grease reservoir, could have been in translation from Japanese to English. Who knows?
Leo