Yes, I added some more material now. There is a pretty decent write-up at inliners which I referenced as well. I called two engine shops today that specialize in these old engines and neither of them knew anything about the pin. Its so low on the radar I guess, yet seems kind of important to me. Does it strike anyone else as kind of a hokey thing? I mean if its pushed in, and you want to pull it out, no way to do that from outside. Then seems leakage would be a problem with a higher psi oil pressure since I assume there is no seal around the pin.
Interesting stuff. This is what I added. Please tell me if it needs more because a COMPLETE how-to is great, but an incomplete one can send someone down the wrong path and really cause problems. In this case it already did because had I known about this pin, I would have made sure it was pushed in before I rebuilt it.
http://devestechnet.com/Home/Forgotten261This is the placement of that pin on my engine now:
http://forums.devestechnet.com/filedata/fetch?photoid=1197&type=large