Oops, thanks for the bump, I’ve been meaning to update this thread. The issue was a bad driver-side tensioner from factory.
Cheetah993 describes it best:
[quote]There is a spring behind the piston that sets the tension on the chain without oil pressure. This spring makes it so the chains still have tension without full oil pressure so the timing is not messed up before the oil pressure builds. That is why they come with a retaining pin to hold them into position. I know this because I took my old ones apart to see how they worked as I am always curious. Seems to me that the spring on this one was really weak and possibly broke. No clue though unless It is pulled apart.
[/quote]
As for the discovery process, Jimmy wanted to open the valve covers again and check the adjusters, cams and whatever other mechanical parts in the area; it was where the noise was coming from. As he progressed and tested all related parts, he also figure it would be a good idea to give the timing components a once over. He eventually noted the problem with the tensioner; in this case, the piston of the tensioner was seized into place causing slack/loss of tension on the chains and thereby making a clacking noise caused by the chain, as stated in above quote.
Note the tensioner (blue arrow) post install, pre-failure
http://tapatalk.imageshack.com/v2/14/10/25/22dd56a298ffa8c9b38a2182c0ac355f.jpg