Thanks again for the replies, good to know I'm on the right track.
Next problem/question... I have all the chains/sprockets back on and have been turning the crank to make sure it stays in time. Good news: It does. Probably 10+ rotations now, all the dots stay in alignment. HOWEVER, part way through each turn, at the same point on the turn, slack is introduced around the idler pulley. It then tightens up again. It's not a stretched part of the chain as the chain is gradually shifting its position on each rotation obviously, and the slack introduces itself at the exact same point of the crank/cams turning each time.
Video below. Any thoughts as to if this is normal or if it's an issue? I didn't video this but the tension on tensioner 1 is variable - it goes in and out a little as the chain is going around.
Video of slack in chain
If you look at this video:
YouTube
At 1:27:47 he starts rotating the crank and you can see the slack suddenly introduce in the idler sprocket. Can also see the no. 1 tensioner being quite variable and coming and going on the chain guide there as he turns it, which is what I also see. So I'm HOPING I'm ok? It's just a lot more slack than I imagined around that idler sprocket.
EDIT: Just did more experimenting. It seems like, at the point slack is introduced, I can slightly turn the intake cam on each side. Not much, but enough to move the slack to either side of the bank in question (tensioner side or idler sprocket side in this video). When the chain is tight, that movement doesn't exist. Is it just that, at some point, the intake and exhaust cams are "balanced" and so they get a tiny bit of slack which introduces slack into the main chain? Is this an issue? Video below:
Video of minor cam movement when slack appears
EDIT 2: Seems to happen in this video too at about 18:32. Must be normal!
YouTube