Mike - from the sound of it - coolant in the vee - it sounds like something not too serious. Maybe you knocked the water bridge and opened it up when doing the timing gears? Lots of things to bump there, just enough to break a seal. My bet is that it's a simple fix. Hot water under pressure being forced out the top somewhere indicates a broken seal on one of the places where the water flows, and not something more serious like a crack in the block or a main seal failure. It almost sounds like a simple thermostat failure?
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Ed
85 5spd 928 (guards red overtan)
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