Yes, that should work. However:

If you find the lifter face is worn which it probably is I would not replace with a new lifter. Could cause more damage. You really need to swap in a new cam and all new lifters.

I recommend you check lift first. Remove rocker arms and place a dial indicator on the pushrod. If there is more than a few thousandths (0.010") difference then your cam is likely trashed. Intake and exhaust may have different nominal lift. Check #6 first might save you some time...

Last edited by strokersix; 10/16/15 12:04 PM.