You need a perfectly flat bench, a set of V blocks (or inverted journal caps) and a dial indicator to check the camshaft out of the car.
i.e.
and
You can also check it in the head with camshaft journal caps and valves and valves springs removed by rotating it in very well oiled journals and checking for runout with a dial gauge. Check at all 7 journals.
If it is a bent camshaft, as I now suspect, I should have picked it up earlier from the binding you had described. However, it's rare for a camshaft to bend when a timing chain breaks without there being other more obvious damage like bent connecting rods, cracked or broken camshaft journals or pulled camshaft journal bolts (I have never seen a bent one without more obvious and catastrophic accompanying damage. It's covered in the testing on page 25 of the Max Ellery manual but it's not a mandatory engine assembly test even in the Ford factory workshop manual. Perhaps a camshaft journal is loose or a bolt pulled and the noise you can hear is the damaged or loose journal moving.
i.e.
and
You can also check it in the head with camshaft journal caps and valves and valves springs removed by rotating it in very well oiled journals and checking for runout with a dial gauge. Check at all 7 journals.
If it is a bent camshaft, as I now suspect, I should have picked it up earlier from the binding you had described. However, it's rare for a camshaft to bend when a timing chain breaks without there being other more obvious damage like bent connecting rods, cracked or broken camshaft journals or pulled camshaft journal bolts (I have never seen a bent one without more obvious and catastrophic accompanying damage. It's covered in the testing on page 25 of the Max Ellery manual but it's not a mandatory engine assembly test even in the Ford factory workshop manual. Perhaps a camshaft journal is loose or a bolt pulled and the noise you can hear is the damaged or loose journal moving.