Engine noise

[pawillie]

Need to hear from someone with a little more brain than I have. What am I missing? I replaced the crank gear with a new timing gear, meshed nice and tight. readjusted the all the main and rod bearings, removing shims in each till engine wouldn't turn and then replaced on shim. Car starts at turn of key, idols good but when accelerating makes a knocking noise. When letting off the throttle it quiets down. Picks back up when pressing throttle. I installed a new oil filter system, could it be starving for oil? Filter gets real hot. Thanks for some help.