First off Jess, good work making the tool/jig
OTOH, I'm very curious about what you've found here. If I were home, I'd whip out my spare S50 cams and snap some pics and see if they're angled like yours is. I find it very weird that they're sitting like this. I'm going to have to take a look at the spare cams when I'm home though. Too bad that's in a month; I'd be able to give you an answer within a day if I were home.
As for what to do, I'm really not sure. I know my engine's running great with using a straight edge to line up the edges with the dots: but you made the jig to BMW specs and they sit cocked, so I'm thoroughly confused.
I'd say this is a good question for BF.C, as there's more people with experience in this area there. I, as well as you, know how I set up my cams, but it could turn out that PelicanParts was inaccurate in their procedure, though I doubt it.
GL Jess, Feel free to PM me if you've got any questions. I'm no pro with BMW's yet, but BTDT and took my time making sure to do it right.