Well things are slowly coming back from the machine shop, got the Cam and stuff Don had me order in today, I will say this, I am dam glad I never got that motor fired up. (it wasn't from a lack of trying)
Here is the final summary from the machine shop:
4 Pistons were put together wrong, meaning they had the wrong rod and caps on the wrong pistons.
The number 8 cylinder down near the skirt area was all chunked out and had large pieces of block that should have been cleaned up.
They found the large pieces of metal debris inside the crankshaft journals, this took out the bearings for sure.
The new springs for the valves we ordered with 0950 cam were way shorter than the springs on the motor after their rebuild, it appears from myself and the machinist and Bruce from show cars could figure out was 454 BB springs was used, so when we tried to get the valves to open , and keep in mind this just had all new valves installed during their rebuild, the spring would bind and not allow the valve to fully open or close, as it was, so the new springs, keepers and Cam will fix that issue.
So we now have verified and good parts to get it back together and with a little help, this thing is going to go together very well and properly, You guys have been a big help in a lot of areas, I have been absorbing W engine stuff for a while now, and they are certainly a different breed from a small block, but given common sense, skill (I'll borrow some of that) and good technical help this will go together just fine and run.
It will not be a track car setting records, but it will have good street cred.