Ok, I got the water pump, timing cover, oil pan and oil filter can removed, degreased and repainted real nice.....I put everything back together after replacing the gaskets and sealing them up with some gasket sealer stuff....
I filled her up with oil, cranked it a few times, added some more oil and then let her run for about 25 seconds. When I was done, there was some smoke coming from under the valve cover, near the plugs. There was also light smoke coming from the opening in the timing cover.
So....I drained most of the oil and it was much darker than it was 10 minutes prior when it was poured in the replacement sum' bitch oil filler tube that started this whole process.
Sooo....I come back to the computer, read this thread (that I started..) and find mention of repacking / resealing the timing cover or something like that. I did remove it, and replaced it without any repacking or sealing as I didnt see anything like this when I took it apart.
What didn't I do regarding the timing cover and should I have done something else to the motor before dumping oil inside and cranking it up...?
I am willing to accept any verbal lashings or "you dumb ass" comments, as long as they are accompanied by a solution to this problem.
Signed,
"I should have gotten professional help with this project"