No, I doubt the camshaft bushings have anything to do with it. You have a few possibilities.
Bad harmonic balancer
Cracked flywheel flex plate
Bad timing chain tensioner
The cam sensor can start to feeze up
You need to use a stethiscope to try to narrow down the location some.
CAUTION: Do not remove the cam sensor without first carefully marking the position of the drive housing and the internal vane and do not move the engine with it removed. Failure to do so will require a special tool to retime it and you'll play hell trying to find one.
Edited by Hammer Time on August 28 2005 at 8:31 AM