OC - you're right the rods/caps are a matched item and its not the perfect solution however, it is better than running with a stuffed bearing and wrecking the crank completely.
Rob - i'd say that the crank is out and the block may need a line bore. When you rebuild make sure you get everything done properly (and dont forget to add forged, lightened and balanced goodies)
How did this go with new oil etc anyway? has the orignial noise lessened at all?
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