Thanks for the update!
As for the timing chain . . . how old (years and miles) is the motor now? Do yiou know if the existing chain is stock (as old as the car) or might have been changed already?
Think of the timing chain as "an insurance factor" against future engine longevity. If you wait until it fails, you'll be stranded somewhere (at best) and need a (getting to be much more expensive than in the past) tow to get home. IF you go ahead and do it now or soon, you might never know how much longer you could have put it off, BUT you know it has been done and can give another 75K or so more miles without having to worry about it. This is if you do just a normal stock-replacement timing set, but something like a Cloyes roller timing set will last well past 400K miles, from my own experiences, for just a few dollars more.
A roller chain might seem like overkill, BUT then you can enjoy the car much longer before having to worry about that timing chain again. Might even make the car worth more money to a later purchaser, IF they know about those things?
The first roller chain I bought was from Mopar Performance back in the middle 1970s for my recently-purchased '70 Monaco Brougham "N" car. The car had about 80K miles on it and by most measures, back then, the timing chain was getting to be in the "replacement range" then.
The second roller timing chain I bought was a Cloyes Plus-Roller timing set for my '77 Camaro 305. It had 92K miles on it (I bought the car new) and was in the replacement range, too. When we pulled that engine out (all of the block core plugs were leaking) at 525K, that timing chain set was still going strong.
When you do replace the timing chain, be sure to douse the chain and sprocket(s) with assy lube, just like you'd do with a new cam installation, plus some moly paste on the backside of the cam sprocket, where it touches the cyl block. That way, there is good initial lube upon start-up.
Take care,
CBODY67