Not sure how i missed this thread, but it has some great info, and some not so updated info, in my personal experience. So let me offer some friendly advice, take it or leave it.I offer part numbers, and some of my bad and good here, mostly this has to do with how to build and parts to use.
The pistons do not have to have valve reliefs, ***IF*** the stock 16 v head was unmolested(not taken to machine shop and shaved,decked to be flat) and the same goes with the block to be used on. I ran a 89 na motor underneath my 16 v head the first time around with no valves hitting and no notching of pistons. Cometic also sells a thicker head gasket for the b234 if your worried. Rsi used to sell them.
Here's a pic of my split bore block episode(severe carnage), here you can see shaved na pistons, and arp studs, and metal cometic headgasket (thickest)
Hbeam rods, stock pistons- and a split bore in the block caused this. Use a 93 and up squirter 8v block for best results.
Moral of the story, is have the machine shop check block for cracks- before building, it could have frozen in the winter in storage or suffered from core shift. Use 93 and up 8 v block.
An 850 timing belt can be used -I used one for a 1997 850 r. You can also use a cam gear tension er from a vw dohc mid 80's or 90s model.Also stock volvo idler pictured. I locktite the tensioner and unbolt the idler from then on for any service. I also cut a x pattern in the back of the v dub tensioner to help it "grab" the block. I also shaved a 1/4 of inch IIRC off the stock red block crank pulley to get all the belts to line up (i made the key way notch on back of crank much deeper before machining the crank pulley, so it stayed in same location-die grinder with cut off wheel works perfect, then a punch to knock the metal off). I used three b234 cam gears, the third is for the oil pump drive/ balancer/block distributor drive.I also used the b234 crank gear and machined the b230f balancer down half an inch or so to line up with belts.
Tensioner part number.
In my opinion, The above pic of lean condition has nothing to do with stock intake,and everything to do with exhaust manifold design. Again, personal experience. Remember that drift video on you tube of that crazy 740 with the music from gone in 60 seconds (bring sally up)? I had piston #4 burn up ring lands, in 4 back to back cases, all do to a shotty log manifold i first had on it.
Here is my first attempt..On log manifold.DON"T do this!
Video of awesome drift 16v+T 7 series with driver mod.
https://youtu.be/W9iTcFy3G5Q?t=2
Take a good close look at that STOCK factory intake with two fuel rails(8 injectors-two different style factory Volvo fuel rails for the win) on it making Gobs of power.
Here's what i used for exhaust manifold, modified ebay gem. started as this, and hits water pump neck, with a t3 flange (start t4 if you want great top end)
To this.
There has been question about how to properly seal the head plates, cam box and all. I recommend these from orielly auto parts.Throw the exhaust gasket gasket in the trash, its pointless.The headgasket can work if you use headstuds and a light film of copper coat, other wise be safe and get metal head gasket and use a flat bar to check all surfaces. Flat is good, even is better. Run bar from side to side and feel the wavy ridges. It may pass the feeler gauge test(under flat bar), but hardly anything passes the "flat bar drag test" you can feel the imperfections on the block and head by the way the bar catches when its dragged. Hardly anyone teaches this method, its way old school, and it works the best.
it comes with this gasket,
and the rubber o rings for these.
All other surfaces i seal with a very very thin amount of ultra grey out of cheese whiz spray can. Be sure not to use too much and clog up oil valleys for the lifters, BIG NO NO, scrape all excess off that area, as some will squeeze out.
ARP headstuds part number from rsi-1601-ap16
The only exhaust gasket to mess with , should be from Volvo!
I ran off lh 2.4 for a while, but went on to ms when i could not find my cps harness issue at both plugs(pull back wore and check your wire to both male and female plug to flywheel sensor) They get worn out being plugged in and unplugged for so many years. Lh can work , even a 8v ecu that chipped. But if you go crazy, ms is the light at the end of the tunnel. IMHE.
If you run ms, use the stock flywheel sensor(lh 2.4) and two 10k resistors on the cps, i found this out by accident and trail and error back in '14, while others tried different things.I used 90 ish- elcipse coil packs and the eclipse tachometer adapter to make sure tach works great, before others made different things..More than one way, but these above are the Way I DID IT. Good luck, and know this, it's worth it!