Paul - in a previous post you showed a photo of a timing chain cover with an arrow pointing to a hole. Benzmac indicated that's where the timing chain guide went and appeared to be missing.
Is this maybe why you have so much slack in the chain as you mentioned in this post? Just a thought.
1991 300-SEL - Model 126
M103 - SOHC
James Madison - Oppressors can tyrannize only when they achieve a standing army, an enslaved press, and a disarmed populace.
Liberty Firearms Training - After years of trying to regulate California criminals with a never ending stream of gun control laws they have still not given up with the belief that if they make something a crime that criminals will miraculously start obeying the law.