Long story short, I think I have some kind of valvetrain issue with one of the 454s on the boat. But I'm not quite sure. For background, these are Mark IV 454s, so flat tappet cams.
The first occurrence of the issue was about 2 years ago on the first test outing of the season. I ran them up to WOT for a brief check. Everything seemed to be running fine, but once I slowed down enough it became apparent that one engine had developed a misfire at low RPM. At idle it was pretty much running on 7 cylinders. I didn't dig into it much that day, but I did the following weekend. I fired that engine up and it was very clearly running on 7 cylinders with low exhaust temp on #4 according to the IR gun. But while I was crawling around the engine thinking of things to check, it started to sound better. By the time it had been running for a minute or so, it was running perfectly fine, sounded normal, all 8 cylinders firing, exhaust temp on #4 was in line with the other cylinders. There was no change in valvetrain noise between when it was missing and when it was firing.
After that day, the issue never came back and the engine has run perfectly fine for 2 years and about 130 hours (engine has about 2000 hours on it total). The only thing that seems any bit off is a valvetrain speed tapping noise, but I can't say if that existed before the issue. And it doesn't sound like it's in the #4 area, it sounds like it's the fuel pump pushrod (the noise is right up front and louder from the front of the block than the valve covers). Plus that noise was present at the same volume both when the misfire issue showed up and when it was running fine.
Fast forward to yesterday. Engines had been sitting for about 2 weeks and I had just changed the fuel filters, so it took a bit of cranking to get them started. While cranking the problem engine I noticed an upward hiccup in cranking speed on every revolution as if one cylinder had low compression. And when it fired, the exhaust sound and behavior was an unmistakable misfire. So I grabbed the IR gun and headed for the engine room. Sure enough, low exhaust temp on #4. Not dead cold, but much colder than the others. And sure enough, after a minute or so the engine started to smooth out and then ran perfectly fine with no signs of a misfire, good exhaust sound, etc. I shut it down, let it sit for a bit, and re-started it and it started right up normally on all 8.
I'm thinking this has to be a valvetrain issue, but not a flat cam lobe, as that wouldn't be self fixing. There's no popping through the intake, so I'm thinking either I have a lifter collapsing and causing the #4 intake valve to not open much, or something is causing the #4 exhaust valve to hang open slightly. My thought after the first incident was that the valve springs might be getting weak and I floated a valve and pumped up a lifter, but that doesn't explain yesterday's occurrence as the engine hasn't been above 2000 RPM yet this year (and even that was just a quick blip to confirm good throttle response after things warmed up on launch day).
Today will hopefully allow a test run, so I'll get to see how it's running again (and under load). I'm betting it'll run perfectly fine today (not planning to run it all the way up to WOT), but we'll see.
What does the hive think?