TLDR:. Yes, a small change can have a big effect. Below is my understanding, I know there are people on these boards who understand cam theory a hell of a lot better than I do.
Small changes show up as big effects on cranking compression and DCR (dynamic compression ratio). Debatably the most important timing event is IVC (intake valve closing), aside from setting compression values it has a large effect on what RPM peak power and torque will arrive. By closing it later, you're allowing more EGR from reversion, effectively making the engine smaller until you hit the RPM where air column inertia stops the reversion and gives filling action the whole time it's open. 90 degrees ABDC @ .006" is often as far as you can go, but some exceptions exist. This is why a cam can be under/over sized for an engine, if it has too little duration, setting it too late to establish power at a high RPM will open it too late resulting in no scavenging effect and too little overlap.
The other valve events are important, but none has quite as much effect as intake valve closing. IVO (intake valve opening) and EVC (exhaust valve closing) obviously both contribute to overlap, IVO being the more important, it is a large contributor to throttle response because IVO is ideally what you use to set exhaust scavenging period, cracking open just before peak cylinder vacuum occurs. EVC then can be used to ultimately establish the overlap period, overlap being largely important at raising peak torque RPM, but also raising it's value, too much and the engine is a dog below 3000 RPM, too little and it's a diesel like power band, all below 3000 then nothing up top.
So now you have IVC known, IVO known, EVC known, then it's just EVO.
EVO is the least critical event, 90% of combustions is done long before typical EVO, however certain engines like specific EVO because of rod/stroke ratio effects on piston position, speed and acceleration. The rocket has 1.8:1 rod/stroke ratio, so, it has pistons that hang out at the top and bottom for a long period, then shoots them down the bore at very fast speeds.
Lift is a factor of geometry of the valve train "how high can you go?" and valve size/flow. There are a few classic guidelines to determine what the ideal peak lift is for a given valve size. The R3 engine cannot accommodate the "ideal" lift for it's intake valve size, as a result more is always better on this engine.
Reset it last night out of frustration.