Tom wrote 

My question =
Since the gear on the distributor is shredded, would my cam gear be in
the same condition. Does anyone have any experience with my problems?

Tom 
when brass distributor drive gear gets chewed up it does not take the steel cam gear with it. This damage happens when the drive shaft under the dist moved up most likley when the engine was turned over because the dist was removed or loose.
To replace the brass gear the engine case halfs need to be split. I would remove the dist and drive to inspect the brass gear.  If just the tops of the brass gear have damage as is often the case then you could clean the brass out as best you can and reinstall the drive. The brass gear will wear in and it will most likely make some noise when first started. Change the oil early and often in the first hours of running    
Bob Donalds 
http://www.bostonengine.com  

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