Hi again. My parts finally arrived, and I installed the new chain and gears. What I found once everything was off was scary. The cam sprocket had about 10 teeth left, and the rest were either stuck in the chain, or scattered inside the timing cover! Amazing that she still ran, even though she was noisy as hell. I guess me revving the engine when she started, after the flooding, spun the old severely cracked nylon teeth of the old gear.
Once everything was bolted up again, she fired up first turn and runs super quiet one again. I am one really happy camper.
While on the jacks, I also upgraded to a 70 models disc brakes, so now she can stop as well as she goes.
Thanks once again for all the input and advice.