Finally an update here.
Have it all back together after setting the lifter preload, refurbishing / painting the valve covers, cleaning / painting the plenum, deleting the A/C, and rearranging some of the engine bay wiring.
Fired it up and it sounded just as bad but a little different. I’d say the rhythm of nosies have changed. It settled in and quieted down after a while, took it for a drive and it is all essentially the same overall. Still getting terrible hot starts, major misfires. Exactly as described earlier in this thread.
The oil pressure seems lower now though. I’m only getting 30psi at 2K instead of 38psi. Maybe the pump is indeed gradually failing.
I did this testing at night and noticed some exhaust coming from engine bay. When hood is up, exhaust isn’t visible at all. I couldn’t find it with flashlight. When hood is closed though, it seems to accumulate and come out all front edges of hood quite steadily. Both headlights have an even amount of visible exhaust. I did not notice this in the last two years, so am definitely confused and concerned. Part of me is wondering if it is just initial off gassing of the paint on plenum and valve covers. Hard to tell by smell, but I got pretty familiar with paint burning / cooking smell recently (whole other story) and it didn’t smell like that, which smells more like carb cleaner. This smelled like engine.
So this opens up another step, which is I’m next replacing the driver exhaust manifold and also Y pipe. Passenger manifold I did two years ago. It was brutal, not looking forward to driver side.
But I suppose that some engine noise and performance could be related to exhaust leaks. I had done a dish-soap leak test last year and didn’t find anything on drivers side, so am confused. I really don’t get it. But I have a small leak by cats and need the Y pipe replaced, so am moving forward. I suppose there’s a chance the y pipe leak by cats was drifting forward into engine bay and when hood was shut it was visibly accumulating. But I’ve monitored the y pipe leak before and this accumulation seems a whole lot larger quantity. But if in fact this exhaust is just from that, then I’m not thinking this y pipe replacement will have any impact on engine noise since it’s so far downstream.
After that’s done, I’m going to do a compression test. I would do one now, but I want to eliminate leaky exhaust as a factor in those results. I’m actually hoping to discover a head gasket issue, and with the manifolds fresh I will be able to pretty simply open it all up. But I’ve studied the symptoms of various head gasket issues and none of them line up with my trucks symptoms.
I’m entering the zone where if I wanted to just order a crate engine instead of rebuilding mine, I have all the peripheral / accessory work done or near done. I could just pop on the new oil pump and drop it in and save myself a whole season of rebuild work, including any mysteries that could amount to buying major components anyways. That is appealing.
But hey, at least my engine bay is looking better! Happy with the VHT cast iron in plenum, cast aluminum on fuel rail, and flat aluminum on valve covers.