Okay, this is some bad juju right here - I thought today was going to be a start day for my 74 CB550, but it's not - here's what's happening: I installed an electronic ignition, no worries there, but the same problem I had even before I changed it out - and caused me to rebuild the engine AGAIN - has surfaced, and I don't know why.
I turn the bike on, hit the starter and it makes this really nasty "CLACK"ing sound in the engine, like it's tripping over itself/sounds like a box of rocks, AND I see some of the valves/rocker arms hanging up briefly!

I'm horrified, take the plugs OUT and turn the engine over with the start button and she spins over smooth as silk! No Scary Noises, all the valves go up and down...I checked the plugs (D7EA) and they're not bashed in, so I don't think the plugs are hitting the pistons...I know I set the camshaft correctly and the engine spins over by hand just fine... What is causing this?? If the valves were hitting the pistons, wouldn't you hear it even without the plugs in...??
Plugs IN - Scary Noises
Plugs OUT - it turns over fine.
I'm going to snake my borescope down in there and see what's what, and pray my valves are not bent...that nasty noise I get with the plugs in doesn't sound like it's coming from the valves area though, more like down inside, but I will report back.
UPDATE: Nope - I have a Vevor articulated borescope that I can stick down in cylinders and literally look around and even back up the way I came in/reversible, and everything looks fine; no chips, impact marks or anything else that I can see that would create that ugly racket - I'm stumped.