techg8 said:OK found it.
I inspected the pushrods while blowing them out and found a bent one.
I also found some small junk inside some of the lifters, likely leftover from the last build - I didnt disassemble the lifters when I overhauled the engine. Lesson learned.
My theory is that one of the small loose "bits" inside a lifter jammed it up long enough to bend the pushrod.
Anyhow I found the bent pushrod which provides a definitive answer to the question of what was wrong.
The lifters are all cleaned up and move smoothly.
The bent pushrod - well I dont know if I will just hammer it "straight" or replace it......
I will reassemble the engine then update the thread with a final outcome.
You will not be able to hammer it straight. Replace it, they are cheap. I had a similar issue with my 80 Cutlass when I did the cam, lifter and heads. I ended up having to file the rocker arm bridges to adjust them since they don't adjust. It worked perfectly.