Questions seem to pop up on most of the "NA cam" threads concerning the gears. Are the turbo gears needed or should the NA gears be used? This is what I have found and is only my opinion, so take it for what it's worth.
Basically, all of the gears are the same. NA or turbo, AND intake and exhaust. Look it up in Vadis and you'll see. NA and turbo are the same PN and there is a no separate listing for intake or exhaust. There is a listing for the gear with the quantity needed - 2. Part number is 3531523. How could the intake and exhaust gear be the same part # and have the alignment mark in different places? It can't, obviously the new gears are NOT marked when you buy them.
What I think happens is, when the motor is assembled, the cams are locked from the rear with the special tool. The crank is locked with the special pin tool. The gears are bolted to the cams with the bolts centered in the slots in the gears, then the t-belt is installed. After the belt has been installed, THEN the gear is marked with a hammer and chisel. Actually, probably there is another Volvo "special tool" used for marking the gear.
So what does this mean for someone swapping in a set of NA cams? Personally I would use the gears that match the NA cams. You can mark them to the cams, or simply put them back on using the outline left by the 3 bolts as an index. That will be a good base setting that will be in reality VERY close factory settings. From there you can adjust cam timing if you want. Obviously Lucky/ARD has achieved good results by altering the NA cam timing, so use his recommendations.
Here are some pictures of NA gears and turbo gears, so you can see the marks are fairly random....
NA gear.....

NA gear...

Turbo gear...

Turbo gear...

Turbo gear...


















