Nulu, I received an email notification that you responded, but when I come to the forum your response isn't here. Nevertheless, I posted video clips of the noise above, but here they are again. I appreciate your help. I plan on tearing into the timing cover this weekend and check to see if the timing portion is in the correct retard position at TDC, and if not, reset it and see how it goes.
First video in my garage: The rattle you hear at the very beginning is the tensioner that I need to replace. The loud noise that I posted about is heard when I rev the engine to 3K RPM and back off slightly:
https://youtube.com/shorts/8IkQ288Pbsw?feature=shared
Second video while driving: You can hear the noise as I accelerate and when I let off the throttle the noise stops and the engine sounds normal:
https://youtube.com/shorts/0_AE4fayOwU
Once again, when I unplug the cam advance magnet solenoid, the engine is very quiet and smooth (other than at idle) and runs "ok" on the road other than being a little sluggish obviously.