You mentioned the water pump is new. I was wondering if the fan could be the culprit... I read somewhere that the viscous coupling should not be turned horizontal even for a minute because there's supposed to be some liquid in it. And if not liquid, something mechanical could easily break in there. There could have been something gone wrong and it just might explain the symptoms when revved .
You also probably only spun the pulleys by hand? I'm thinking you could remove the fan and momentarily fix the pulley so that you can take a short test drive. That way there's no noise from the huge fan and the cooling system can do fine without fan for a moment. If you end up temporarily fixing the pulley without the fan, make sure the pulley on the water pump doesn't work itself loose and destroy stuff. And when adapting something that special, it's usually not a good idea to stick your head anywhere near it when the engine is running.
Also it might come in handy to just have a very short test drive without the belt as i understand someone suggested. But you need to keep it short because of total lack of cooling though and remember not having powersteering so it may not be your first option.
As some of us are fixated on the belt, the tensioner, if broken, may jump back and forth when warm. It creates weird noises and things like that aren't always felt by hand.
Keep it up.