Can you expand on this??
I also have a very light knock on my 4L OHV. It does not start immediately upon cold start-up. It takes about 15 to 30 seconds to start. And then it goes away when the temp gauge starts to move off its at-rest position. At first it seemed like it was coming from the trans (auto), then the exhaust system and finally, someplace in the engine; but, the more I looked, the less sure I have become...... It starts and drives like it should.
I have used a dowel on everything that moves or has moving parts in it and can’t hear it. By then, of course, the engine is warm and it goes away. While it is warming up, randomly the knock will go away for a second or two and come back until it goes away completely. If drive it from a cold start the noise goes away within a mile or mile and a half. Removing the drive belt does not change anything.
This noise (knock??) has been there since I got the truck six months and a thousand miles ago. It has not got better or worse. It does not come back until the truck is completely cold.
There is another member here that has the exact same knock and symptoms in a BII 4L and he can't locate it either. Since he noticed it, he has put about 5000 miles on his without change. He did say that it was louder on start-up when it was really cold outside.
Ed