You might be getting your wish (hoping rod trying to push it's way through side of block), but because it goes away as it warms up I would go with your headers leaking a bit. As the metal heats, it expands and after a short while the leak seals and the knock goes away. I beleive a rod would knock more as the oil warms up and gets thinner.
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George
82 Silverado LWB 4x4 350 SM465 NP208
77 Chevrolet Blazer Chalet 400 TH350 NP203
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