I didn't anticipate so much interest. Before I continue, I do have a couple concerns with this setup. First that the cam and sensor gear, while they look ok, may not mesh entirely correctly and/or have wear issues. Second, that this this cam sensor shaft may or may not get enough oil. That being said, here is what I did.
I bought a Spectra Premium FD39.
https://www.amazon.com/Spectra-Premium- ... B001FL788K
I had previously used this on my Charger. The gear on this sensor is nearly identical in OD and tooth shape to the factory distributor sensor. It seemed close enough to work. The body of the sensor had an OD about 20-30 thousandths smaller than the factory distributor. I thought that might work too. I did install it in the block without the shaft and I couldn't feel any meaningful play in the fitment with factory distributor O-ring around the base.
The cam sensor shaft has a long shaft that engages like a B/RB motor distributor. I measured the length of a factor /6 distributor from the mounting flange (that adjustable plate) to the end of the gear teeth (not the tab that sticks out the bottom of the gear). This turned out to be right where the roll pin in the cam sensor gear was. I removed the gear and cut the shaft to length. It just happened that if I flipped the gear upside down and reinstalled it, the teeth of the gear ended up where they needed to be.
With the gear flipped, I drilled the shaft for a new roll pin. This was a little tricky. I had to flatten the shaft to get the drill press to hold steady. Even then, it walked a bit. I reinstalled the gear, and then cut the gear to the same length as the shaft with an angle grinder. I ended up squaring the gear off by hand in the belt sander. I also used a file to shape the end of each tooth and remove any burrs.
https://photos.app.goo.gl/eGU7oLyW1PKcmYHSA
https://photos.app.goo.gl/nqYkJCecP4K7sbFi9
With all that done, I reinstalled the gear and found my roll pin location was a bit tight. The original setup had .01"-.02" end play. I had none. So I sanded the top of the gear down to create some clearance. Clean, lube, reassemble... done. I used the adjustment plate at the bottom of a distributor to create a hold-down. I cut the big hole in half, folded over some tabs, and it worked fine. At this point I installed the sensor in the car and ran the motor to watch it spin, which it did. It didn't walk or make any weird noises.
https://photos.app.goo.gl/RnzxT3AqGdHCwsp47
The last step was wiring. Note that this sensor uses a 5V signal and 5V power. There is compatible Ford sensor (just the plastic cap on top) that accepts 12V if you need that. I had 5V available, so no big deal. I had to time the sensor to the motor, which is not that big of deal (except I guessed if #1 was on compression or not... I guessed right). Fired right up and showed full RPM sync.
Here's the connector. It's not cheap. I think there are cheaper options, but this one I was able to get good pics of and knew it would fit correctly. I found the pinout in Google search. I'll post it when I consult my notes. Unlike the rest, I did write this down in my notebook.
https://www.amazon.com/gp/product/B009I ... UTF8&psc=1
Hope it helps someone.