Thanks all for the great feedback. The timing about the knock and oil pressure may be more of a coincidence than a direct relation, just to say it doesn't seem to knock immediately upon start up, but a couple seconds later. One new piece of info (which I wish I'd known earlier), is that the knock developed after the clutch was replaced, which was very soon after engine installation as the first new clutch was slipping. So it looks like we have to cast a wider net. We will be back at it again soon, explore the above suggestions, and report back!