Firstly it started out sounding like a 'tapper' which made me think I'd messed up the cambelt replacement, but then within a minute it turned into a 'knocker', and shortly afterwards settled down into an extremely unpleasant tinny grinding noise, rather like a cheap kid's skateboard.
I'm totally mystified, anyone heard a similar noise in the past?
http://youtu.be/G-8DAFg3Oz4
http://youtu.be/gawVJYS2Mus
History behind this is - the engine was running fine with good compression throughout but a spectacularly loose cambelt (about 8mm play between camshaft sprockets, and could turn the belt around 120 degrees on the longest run). The pulley bolt was glued in with WAY too much thread lock, so in the end I had to undo it by using the 'spanner against the driveshft' method, and even then it took 5-6 attempts, and lots of straining with a 6 foot long breaker bar on the nut. Eventually it came loose, but the inlet sprocket moved out of alignment during this (I figure a mixture of the loose cambelt and repeated shocks) so I had to manually realign it before changing the belt. The engine turned fine afterwards and seemed OK, so I started it and got the rather disheartening 'tapper' noise. After running it at 3000 rpm for a few moments it turned into a loud knocking noise, and the rest is history...
I've got no idea about the history of this engine - it had obviously been neglected of late, but had a (slightly overfilled) sump of pretty good oil, so my first thoughts were it had been hooned around with too little oil, spun a bearing, and then been refilled to 'fix' the problem, but the sound appears to be coming from the top end.
I'm itching to get in and tear it apart to find out what the problem really is, but my partner's banned me from working on it 'cos I've got bad bronchitis so I'm having to guess what's wrong instead