Ok, so I'll try to answer everyone-
Ponymare- yep the timing marks were on the right when looking at the engine, and the valve lash is correct.
57RancheroJim-
I determined #1 TDC by putting my thumb over the plug hole and cranking the engine by hand until the pressure blew my thumb off.
Not sure about the bell housing- it was like that in the truck when I bought it- see below pic, and the headers are from eBay, advertised as thunder bird headers.?

Charliemccraney-
When I put the heads on I adjusted the valve lash and got #1 TDC Using thumb over the plug hole method. When dizzy was put in I cycled through the strokes with thumb over plug hole method until I got #1 TDC and looked at the dizzy rotor and it was at #1 plug and the dampener wat in marking TDC. I don't think I have installed the dizzy 180 out but you never know, I'll recheck with a fresh mind today.
56fairlane and Miker- the paint is pretty scuffed up now it was way nicer before the rebuild- I cleaned it up and painted it before I had convinced myself it needed to be rebuilt
Before shot-

Bamabob-
I have the shop manual and the y block rebuild book, so I'm sure the firing order is correct and is going in the right direction- I will double check though.
Thanks for all the great feed back! I will go and check everything again. I'm sure it's a timing problem, I'll keep you updated.
Thanks, Dennis.
56 F100 - 272 Y Block
NSW, Australia.
