yes that is possible, to hold the tappets up, and gently slide the cam inplace, just make sure that you use those dowel rods to hold the installed tappets up out of the way so that the cam does not get caught on them while sliding it in, and of course two people are needed for that type of procedure, i would recoomend using a long screwdriver to hold the tappet up in the block while the cam is being slid into place, would really suck to get a finger stuck inbetween the cam and the block.... the tappet cover does require the removal of the inj. pump with the head installed(even with the head off it still would be difficult to remove), trust me you want that big pump out of your way, i would take a good look at the tappet cover gasket, it may be wise to take the pump off and replace it, the rubber gasket get very hard, and brittle over time, and starts to crack, and eventually leak, excessive crankcase pressure will exagerate that problem quickly, if it is not cracked, and or not leaking, i would leave it alone.
Wes