I just replaced mine last night while replacing a badly corroded timing cover. I checked chain deflection, and it was a good inch or more (bbbaaaddd!!!) after being replaced during last engine rebuild 40,000 ago. The new chain deflected maybe 1/8" at most on the loose side, but there was essentially no deflection for all intents and purposes. This might explain why my car has been running progressively more & more sluggish over the last year.
You might as well replace it. I put a new stock-type chain on it for $24. I have a stock-type application (daily driver), so I didn't need any adjustable timing sets or anything fancy.
"...ridge reamer and ring compressor? Do they have tools like that?"
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"...ridge reamer and ring compressor? Do they have tools like that?"
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