No visable damage, but see 2 paragraphs below for what I did see. The noise was definitely loud, or at least noticable, if you hear it you know instantly it's a sound that shouldn't normally be made out of this engine, and that's the first thing I checked was to see if the jesus clip was still in the piston to hold in the wrist pin, I have had that mishap on a motor I built for my mud jeep once. It was still in there properly, and the bearings were fine, I cleaned and re-oiled them when I re-built it the first time this afternoon but I checked them again anyway.
Should there be any play at all in the hole in the connecting rod that the wrist pin goes through? It's not visible, but you can feel it just a little bit when you push and pull the piston/connecting rod in opposite directions. I don't think it is that big of a deal, but I don't know, at 35,000 rpm or whatever these things turn, maybe it's the kiss of death.
I took a closer look when the head is off and the new piston/sleeve is so tight that when you rotate the motor by hand with the head off, at the very top of the stroke when the piston is about 3/16" or so from the top of the sleeve, the sleeve will lift out of the crank case with the piston for about 1/16-3/32" and go back down. I think that I may try to put the motor back together and somehow warm it before I fire it for the initial break in so maybe these parts will contract enough to break in properly and hopefully be ok from there. When the motor made the loud noise, I had my hand on top of the head and you could feel a vibration that wasn't normal, which kind of makes me think that the connecting rod could be fine, and the piston/sleeve fit is where I need to be giving more attention. The motor has only had about 2 gallons run through it, so I am just a little surprised that the connecting rod would be stretched to the point of being un-usable this soon.
Any more input would be great, I really appreciate the insight of those who have done this more than once unlike myself, thank you again
Jared Williamson