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I bet ya it is your front Y-pipe. I had a hell of a time diagnosing a similar sound with my 85 coupe and a wise old muffler technician told me a story about GM Y-pipes which are double-walled. Eventually the inner wall lets go from the outer and you get a noise that sounds in my case like a loose torque converter. Once he blew a few holes in the outer Y-pipe with a torch and rewelded the inner wall to the outer there was no more noise. Hope this helps. Good luck.
i didn´t spun a bearing, i pulled the oil pan an time ago, because i had some clicking noises, turned out to be the precats..
i chnaged the bearings, becuase, i´ve already bought them, but the old ones was still in good condition..
ah yes, no metal particles in the oil..
maybe this clicking is related to the hydra lifters, it only appears, when the engine gets hot..