My 318....Is no more..... :(

I understand, point taken....I'm just stuck now. lol...don't know what the hell it is, but it sure sounds like its deep in the engine, and it has to warm up slightly to make the noise...

Since you found no traces of any metal in the oil and you have great oil pressure, I suspect the transmission pump. Have you listened near the pump on the trans? Did you check the transmission oil? What color is it now? Does it smell bad?