Well all of this has been a huge waste of time. I just got rid of the noise mostly by resetting the valves one last time but I still have no power. Then I wrote down the casting numbers and called the chevy dealer and guess what I found out. It's a POS 305!!!!!! In a 1984 3/4 ton truck to beat all. If I ever get my hands on the kid that did this oh boy will he be in for it. I bought it from my boss with the understanding it was a rebuilt 350. He really thought it was so it's not his fault. The kid told him it was. Plus the truck came with a 350 originaly. When I had the oil pan off for the cam swap I saw what happened to that engine. It was all scraped up from throwing no 2 rod. Oh well! At least I can reuse all of the parts I put on it on the 350 I got. I bet the 1406 edel carb I got won't run rich on the 350.
I do have a correct 350 4 bolt main in the garage that needs rebuilt. I was planning to do that anyway just so I could have a motor that I can trust. One that I built. I guess I need to get hot and get it done. This 305 will never pull the load I need it too. If anyone has any suggestions for a horse trailer pulling 350 TRUCK engine I am definitly open to suggestions now.