The black flag is still flying.. I told you all I wouldn't give up.
Within less than 24 hours, our baby got picked up and transported to a sub-contract company through the dealership. Working with the smaller companies that specialize in dealing with engine internals will be both crucial and beneficial to get the result we want, for a much cheaper price.
I've instructed them NOT to remove the head, yet only the valve cover and front plate. From that point they'll be able to work with the chain, guides and the piston that holds tension in the chain. I suspect while we were lowering the motor down, tension may have come loose which allowed the chain to slip. Everything makes sense, it had nothing to do with any air pockets in the fuel lines, or oil not reaching the cams in time. The cover came off last night, everything was well lubricated.
If we take a moment to refer back to the video, we can hear the motor "run" briefly before it shut down. During those five to six brief seconds, you can hear key indicators that the pistons and valves were out of sync. The process of exhaust and intake were completely backwards (which explains the smell of fuel venting through my CAI).
To my understanding, none of the valves were bent, but then again we couldn't say for sure because the head would yet again have to be removed. If I were a gambling man, I would be willing to bet that the pistons as well as valves are both fine. It wasn't like we had the motor running completely much less we only made the attempt to fire her up a few short times before the signs of obvious timing issues appeared.
There were a few things that have come to mind since engine failure occurred. The crank should have been rotated three to four rotations to ensure proper tension with the timing chain. This was not done. The smaller individual piston that allows tension to be maintained may have been in the unlock position upon dropping the motor back into the bay, which allowed the slippage of chain links. To top everything off, the crank was rotated briefly backwards. Apparently this wasn't supposed to happen, and may have had something to do with our misfire.
The situation is under control. I am actively addressing the issue and will update as I get more word. Thanks guys -Octane