I'm pretty sure those are the TruArc cams. If memory serves me right they were available in 2004 and improved upon for 2005 (TruArc+). They are what we referred to as a Hybrid cam. I'm also pretty sure you are correct about those holes being the same relation in referrence to the limb. Something else to look at is whether the modules on each cam are in the same hole. And be careful. These are the original TruArc cams and you need to press the bow to relieve tension on the rigging to move the modules.
That being said the other guys might be right about your peep being too high. Measure it and tell us how far above the nocking point it is. Depending on the bow's draw length it normally will be between 5" and 6" above the nocking point.
Moneyman gave you advice on how to set the peep, but he left something out, Where the peep should be depends on your anchor and your anchor is dependent on whether you have the bow's draw length set at least close to what it should be. Most people anchor with their nose on the string and a kisser button in the corner of their lips. The kisser should only be about 1" above the nocking point. If it is higher then I'm going to suggest that the bow's draw length is too long for you. This will cause you to anchor lower than you should to touch your nose and the resultant high peep sight. This whole works will give you the results you are getting shooting high.
There is a Sticky at the top of the General Section on Archery Talk called
"The Nuts&Bolts of Archery". It explains a lot about setting up bows, tuning, shooting form and more. Read it and you'll learn a lot.
Last edited by bfisher; 02-14-2012 at 06:49 AM.
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