Like I said it all depends on what is done to the motor.
Most cams comes with a timing to start the motor at. The reading is usually for running methanol in the motor, so usually gas is about 4 degrees less then the alky recommendations.
If the motor is stock, or govenor removed, or pipe and re-jetted the #8 key will be to much timing for it. That will put you up in around 29-31 degrees area.
A briggs world formula race motor at 15hp only runs 28 degrees on 93 octane gas.