I'd say pull the valve covers and make sure the valvetrain is tight, e.g., no loose rocker arms. Also, pull the dipstick and look for fine metal sediment in the oil.
I once lost a cam during break in, and it really stunk...it destroyed a few bearings and the little 289 had to come out.
Russ
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'91 LX
Procharger, 3 row intercooler, extrude honed Cobra intake, Mac full Length Headers, 30# inj., 73mm C&L, 75mm tb, E303 cam, 289 rods, ported E7 heads, MSD, T-Rex w/255 lph Walbro, 5 lug conversion, Cobra R wheels, 3.27 gears and Moser Axles.
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