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Yes, keep the balancer at TDC while you install the timing belt.
The timing belt & balancer do not always line up together at TDC. I think for every two rotations of the crank the balance shafts will line up at TDC along with the crankshaft. Just make sure you line both of your balance pulleys to the TDC marker as well as your timing belt when you do the install.
After the belts are installed and everything is tightened down, double check (actually this should be the triple check) to see if everything lines up properly.
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