I have a 5.7 with alpha one 1989.I replaced the outdrive so its not that. When I out it in neutral and hogher rpms it runs great. Put it in gear can hear a knockin the back of the engine. I replaces the outdrive so I know its not that. When I have it on trailer it does not make the sound but when i Put it in water after 2500 rpms I can hear the knocking. any ideas?