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Travelling excessively with work right now, will likely get the car into my Indy after the Memorial Day weekend and post the updates here. Only takng it on very short journeys at this time, it's warranteed (that doesn't mean I am being ambivilent to the noise/condition), just that I hopefully have a safety net in the event of a troubling diagnosis. Thanks for all the answers!

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Sorry for delay in updates, I've got it booked in with my Indy for Thursday and will post the results. I believe the ticking/knock is the lifters at this point, but we'll see. Just for fun, my airbag failure light came on, and my cab top stopped working, so it's a good time to be going in..... as well as the 6-month oil change and investigation why the driver side exhaust smokes at start up. Should prove for a decent update this time next week.... Thanks for all the responses to date.

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I just got the diagnostics back. The ticking was the lifters, but closer inspection showed cylinder damage - so we're looking at a new or remanufactured engine at this point. Fortunately, I have a warranty but I am sure there'll be some surprises in store in the days ahead. Will keep you updated. Another 996 failure, I've never tracked it or driven it hard, the codes read one redline event with the previous owner for couple of seconds 5 yrs ago.

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