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The fact that the engine has no power suggests that maybe the cam timing is out.
When we built up a race engine we would always check inlet and exhaust opening and closing degrees before and after TDC. This is difficult with the box because the cover is the cam bearing housings. But if you were to remove the cover with the locking tools in place and then 2 temporary bearings caps on the end journals you could then check the timing exactly. A degree card can be fitted to the front pulley, dial indicator to the lifter cap. ...just a thought
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