ringman,
Let us assume the drawing contains the note "INTERPRET DIMENSIONS AND TOLERANCES AS PER ASME Y14.5M-1994", and assume that the pitch circle has a note saying "EQSP" contained in a box.
If someone applied an angular dimension, and they replaced the angle with the text "EQSP" and they put a box around it, I would interpret it as a basic dimension. If I were the checker, I would reject the drawing of course.
If there were a boxed note next to the pitch circle dimension saying that holes are equally spaced, I would not know if the drafter was simply trying to draw attention to the note. This is very poor drafting practise.
You can apply a note to the drawing or view stating that all dimensions are basic unless specified otherwise. That way you can do the good old fashioned note ".375DIA HOLES THRU 6 PLCS ON AN 8.875 B.C.D.". Hopefully, everyone will know what B.C.D. means.
All of this is a lot more work than showing the pitch circle and one angle times the number of holes.
JHG