clearances are good.
the thrust, loosen the rear main cap, tighten it down like wrist tight with a 3/8 drive rachet or similar. then take a Large Ford Tool and a piece of wood, hit the crank HARD on the nose driving it back. then go around to the back, do it again. Hit it hard. What your doing is seating the thrust bearing. then re-check the clearance, should be up near what you saw to begin with, near .007. Then torque the cap and re-check. should be good. If not post back here. There's more stuff you can do.
the thrust, loosen the rear main cap, tighten it down like wrist tight with a 3/8 drive rachet or similar. then take a Large Ford Tool and a piece of wood, hit the crank HARD on the nose driving it back. then go around to the back, do it again. Hit it hard. What your doing is seating the thrust bearing. then re-check the clearance, should be up near what you saw to begin with, near .007. Then torque the cap and re-check. should be good. If not post back here. There's more stuff you can do.