New cam and lifters are in. Exhaust manifold and somewhat modified heat shield back on...
Part of the inside of the heat shield (the engine side bit has been missing since I got the car) appeared to have been rubbing against one of the header pipes. Some tactical tapping should have corrected that clearance, but if not - when it went back onto the manifold, I spacered it out with some M6 washers and longer bolts.
The bottom was pretty rusty too, so a section was lopped off with the grinder, then a few tack welds now holds it together.
I know some don't bother putting them back on at all - but under bonnet temps are high enough... I'd rather not risk it. The other side is actually a bit rattly, so I might take that off and give it similar cut/shut/weld treatment at some point.
The electric Volvo fan shroud also had a bit of a small upgrade - welded captive nuts on the inside. Should the fan fail down the track, replacement now won't need pulling the top hose off to remove the whole shroud - the fan can be unbolted in-situ and swapped out.
Other than that... the inlet manifolds are all on, wiring loom is in, and most of the front of the engine and sump is back together. The wind yesterday was just too annoying to carry on. Hopefully the rest of the exhaust turns up in the next few days, so it can all be fitted and cam break in done in an evening during the week.