Thanks to everyone who helped, I did it, it runs perfectly, it aligned on the factory marks. By turning the engine carefully I was able to line up everything on the proper timing marks. I placed the pistons below deck adjusted the cams to their marks carefully yielding to pressure and making corrections with both cams. Then once they were lined I carefully turned the crank to it's mark, installed the belt and manually rotated the crank, anyhow thanks to everyone! The tensioner had broken and was being contained by the bolt and flat washer, I caught a potential disaster.
PS Lil B, doesn't this make me a Ferrari mechanic by proxy?
http://en.wikipedia.org/wiki/Ferrari_Lampredi_engine