Detonation can occur if the builder or parts are in question, like the PO. The cam was not degreed properly as well. Before the "noise" I replaced the carb and distributer, wire and plugs 3 times with hardly any miles, carbon was terrible, my mechanic said I was lucky and probably would not have lasted another 50 miles. Anyway, I cannot ID the cam on the Crane web sight. I have had the car 15 years with a whopping 1000 miles put on it in that time! Here is the number on the cam HIT 292-2 NC 17 40 86, the 7 could be half a 3. The block appears to be fine, rod bearings showing copper wear. My thinking is have the heads gone through, clean up the block, new pistons, same or forged, new bearings and re-balance. Replace the intake, it is a Holley made for GM, 3866948 05 6 date and chrome plated, with an Air Gap. The cam seemed pretty radical so that is still in the discussion. could be the way it was degreed or wrong with the pkg. Thoughts? What is the difference when the piston part # has a P or a CP after the number like H581P VS H581CP