I noticed my AAR's 340 making what seems like loud tappet noise. It is a hydraulic lifter of course, and all stock. I opened the oil filler cap on the passenger side valve cover, and didn't see any oil sloshing around, but it didn't look dry. Should there be more oil sloshing around under the valve covers? BTW, the oil gauge reads normally and the dipstick shows lots of oil sloshing around the pan, is it normal to have noticeable tappet noise with these hydraulic lifter engines?