If you're doing it the centerline method... then as long as the lobe is symmetrical, then the way you were doing it will work... if it is not, then peak lift may not be the centerline of the lobe... though I'd zero off the base circle of the cam, then just measure .050" down either side of peak lift... gives you smaller numbers to deal with. No matter whether you go .050 from zero, or .050 from peak... or hell .127 from either direction... as long as you zero off the base circle, and go the same measurement on both sides of the lobe, you'll get there. You can always verify if you are way out in left field, or somewhat close, by checking the intake opening @.050" (zeroed off base circle) to see if the the numbers jive.... if you're doing it right, and your cam grinder is worth a damn... both sets of numbers should jive together.
The biggest reason I have seen people be off, is not finding true TDC. I had a customer pissed that the cam I had ground for him was junk and ground wrong... turns out... his trusty stock tin timing tag and stock 30+ year old balancer (complete with blown out rubber)... was 12 degrees off from true TDC when checked with a degree wheel and indicator.


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