PPS
I went back and looked at the beginning of this long thread and your exhaust elbows looked HORRIBLE, (way past replacement time) it seems quite likely that you had water leaking into your cyls, causing sticky valves, if the heads have not been off, do a leak down test and see what it shows, but I think you will wind up having to do at least a valve job, if not replace the heads, due to a bad overheat (burnt up flappers). Bad overheats on small block Chevrolets usually result in cracked cyl heads. That's what led to me having to replace mine....