So pulleys ARE offset, all looks good to me. From what I can see in the photos, there is no fraying of the cable, so I don't think it is rubbing. After 20 years of service you would probably expect to see some signs of wear if there was a problem. I would just inspect as much of the cable length as you can see to ensure that nothing is fraying.
Interestingly, you may have the correct alignment. There is another recent thread here of another vintage pup where the cable runs through the lift spring channel and is wearing through the channel itself.
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2011 Jayco X19H (purchased 2015)
2008 Jayco 1007 PUP (purchased new, traded for the X19)
2018 Nissan Titan Midnight Ed.
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