Compcams "on the shelf profiles" typically are cut with 4° advance when installed straight up. That is what I am reading on that cam card.
The criticism is generally that the Ford stock iron heads cannot take advantage of a 110° centerline because of the restrictive exhausts. That's where it is typical to see a 112-113° centerline on the original Ford cams and some current aftermarket cam designs.
I don't think that the 110 hurts anything, there is just no significant advantage to using it and you will get a smoother idle with a 113. It is almost a matter of taste on how you like the engine to feel? Almost.
The low restriction Pantera exhausts help a little but can't fix the bad stock ports unless you go to the old "Pro-stock" exhaust modification. That's kind of pointless in a Pantera unless you are going to drag race it and turn 9,000 rpm with it?