Defo worth checking out if its the injectors causing that knock....
My current DD W201 190D 2.5, I was convinced had a rod or piston-slap type knock, until I replaced the Injectors--its done 174K, so I thought it was about time.....
(It still has a hydraulic tappet/lifter knock when cold though....

)
My original old 300D OM-617 had a 'knock'....More of a 'nunk' type noise ,but that was just sheer old age and piston-slap at 350K miles. The engine was otherwise really quiet and smooth--Just annoying that noise....

It never got any worse during the near 100K I put on it, and will still run well (If it were in a car that is!)
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http://i190.photobucket.com/albums/z...0TDnoplate.jpg
Alastair AKA H.C.II South Wales, U.K. based member
W123, 1985 300TD Wagon, 256K,
-Most recent M.B. purchase, Cost-a-plenty, Gulps BioDiesel extravagantly, and I love it like an old dog.
W114, 1975 280E Custard Yellow,
-Great above decks

needs chassis welding--Really will do it this year....