This slack appearance seems to be more pronounced depending on specific camshaft lobe position combination instead of a consistent amount that is always present. There is a small about of slack movement around the drivers side chain -- but not like the passenger side.
Is this cam to chain slack leading and lagging something that is resolved by the HLAs and real RPMs once oil pressure resumes?
Is this slack the source of the noise that Jesda and Wes reported makes you think the engine is going to blow up until the oil pressure returns?
I can sure use some guidance from club brethren here before I go any further as I would rather be safe than sorry.
Upper Guide Slack

Crankshaft Slack

While replacing the guides, I always had the chains cinched or wired up to avoid any jumping. In this picture you can see I have the tensioner keeper released.



