It isn't the timing chain. Or the timing gears. I've had both, and the noise was still there.
Maybe a better description of the sound would be useful. When it is cold, and idling really low, the engine almost sounds like a diesel. A rhymic "crunk" is the only way I can describe the noise. It's nothing topside, and it isn't detonation. I've been down those paths, and checked that stuff out. The only things I haven't checked, so far, are my bearings and fuel pump, that I know of. I plan to check the fuel pump this weekend before I start pulling bearing caps.