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You sure it's INSIDE the engine? Start easy, remove belts, etc - try turning it over or running it for a second or so. Look inside the distributor, all the easy stuff first. Check up inside the bellhousing, make sure all is together in there as well. All long shots, I know, but it's easy stuff. Sure beats tearing down your engine, only to find out a water pump, alternator, throwout bearing or clutch fork broke.
Try removing the intake next. I never heard a bad rod bearing "click" - just a guess, obviously, but I'd think a bad valvetrain component would be more likely to "click" than a rod bearing. Good luck.
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