Al,
Before, before, BEFORE, BEFORE you remove the chain, rotate the cam sprocket, da one on da bottom, so that the dimple you see in your pics that's now near the 6 o'clock position is exactly at the 12 o'clock High Noon position.
Then, clean off the crankshaft sprocket tooth that is adjacent to and at the exact 6 o'clock position. Paint it white.
You will more than likely roll the crank, cam, or both out of time as you replace the timing chain and assorted bits. Helpful to back way off on the valve lash so that the pressure on the cam lobe/s does not aid in rotating the cam.
Why do this you might ask? There is a tiny little scratch mark on the crankshaft sprocket that is used to time the cam and crank. Unfortunately, the crank bearing hides it! German engineering, eh? The concern is driving a piston into a valve if the timing is in error, Another reason to back well off on the valve lash.
When the chain is on and the marks are aligned, Reset the valve lash. With sparkle plugs out, rotate the engine by hand very slowly as you feel for any valve-to-piston contact. No contact? Ya done good.
I have posted a complete R65 timing chain replacement photo essay in the Photo Gallery. It may be of some assistance to you.