Ok, so fun update for today. I got the heads disassembled and checked for damage. No damage was found, all valve guides were fine, no valve seat damage, and no cracks in the heads. Here is my militia of bent valves:
Before the heads were completely disassembled, my dad had a brilliant idea; we could check the lift difference between the stock rockers and the HS 1.6's. My dad built a handy jig that goes where the pushrod would go in the rocker....then just torque down the rocker arm and measure valve opening distance. Needless to say, my HS 1.6's will in fact be returning to the engine as they are definitely not the culprit. Here's the handy jig:
We then put a lifter in the vice with the same handy jig and tried to see how much pressure it took to compress it. It didn't compress...locked up solid. So, my determination is strictly lifter failure once pumped up.
After this, I needed parts...so my dad got the Bonneville delivered that he bought strictly for the tires and battery. It has a decent running 3800 but it has high mileage, and the rear frame is rotted beyond repair. So, I'm just pulling the parts I need and scrapping the rest.
In between all this, I did get my door panels all removed so undercoating can be done, and I also swapped out my rear speakers. I then decided that I'm keeping my 2 12w6's for now since my funds are running low due to the rest of the build. I started building a sealed enclosure for them that will fit under the rear strut tower brace and tight against the back seat. I'll take pics when it's done.