Alright, so I have taken the head off of the engine here is what I have found thus far:
Here are the rocker surfaces that slide on the cam:
They all seem to be okay-ish to me. There is a little bit of uneven wear but everything is very smooth, definitly nothing with the rockers causing that tick.
The camshaft has a similar wear pattern, a little bit uneven in spots but pretty good.
I'm no expert but I think I can confirm that the camshaft/rocker is not the problem here.
Now, when I was removing the camshaft, I noticed that my cam chain was really, really loose. I was sure I had tensioned it correctly at 15° past TDC of Piston 1 in compression stroke (as this is the proper method, I recall). I set the chain tensioner and it was a lot tighter. Could this simply be the reason I was getting a tick and lack of high-rpm power?
Next I did a leak-down test with the valves. The result was 1 and 3 were leaking:
I think that I will have to do a valve job, at least a lapping. I'll lap em and if they seal up, I'll call it good. If not I'll get new faces cut I suppose.
Pistons look perfect. There are zero scratches on the cylinder walls, everything moves butter-smooth.
So in conclusion I found two leaky valves and a very loose cam-chain. Would this be the cause of the issues I had? I'm scared that if I missed something, buttoned it up and then reinstalled the engine I will have to do it all again. Please let me know what else I should look at while I'm in here to solve this problem if you dont think its was the previous two problems!