The following is stolen from
ML Motorsports who REALLY know what they are talking about !!
"When we prepare a new engine we set the static timing with the engine at tdc, rotor arm pointing at no1 plug lead on the cap etc,
Backfill the oil pump through the top union of the oil transfer pipe on the front of the block, I use an oil can and give it a 4 or 5 shots of oil, refit pipe banjo bolt, remove plugs and spin up engine on the starter unitl the oil light or gauge shows pressure.
Start engine and adjust timing so the engine will run happliy at fast idle, let the engine warm up for around 20-30 minutes, make sure you have a accurate temp gauge and observe the warm up process, if theres any leaks stop the engine and rectify straight away,
You also need to ensure the mixture settings are as lean as possible, to avoid washing the new bores and rings with excess fuel.
Depending on the bore quality,sizing etc the engine may start to overheat and slow down due to friction build up you must increase the idle speed to suit as if the engine is allowed to slow down and stop the rings will be damaged at next start up if it will! if this occours keep increasing the speed until eventually the engine speed will start to increase on its own telling you it has moved past this critical phase of running, if the temp starts to go over 3/4 drive the car gently and note if the temp goes down, if it does return home shut it down and let the engine cool, I normally wait an hour or so then re-torque the head studs and the next day re-set rocker clearances.
After re-torquing the head the car can be driven with a rev limit of 3000 rpm
Again the carb settings must be right for driving using a lean needle or depending on whats being used the needle for a std engine, we use a gas anylser up the tail pipe throughout the starting up and tuning process to ensure the fuelling is as lean as possible.
For running in we use the following method as a minimum:
1st 500 miles max 3000rpm then change oil (cheap 20/50)
2nd 500 miles max 4000rpm then change oil to good quality 20/50
After 1000 miles rolling road tune
Mixed driving town and open roads is best"