So here is the background:
02 1MZFE Block with 97 Non-VVTi Heads (P&P

). Oil Passages blocked and all that.
The sensors and whatnot were from an engine that had a seriously spun bearing, so there is a possibility that it blew a knock sensor or any other sensor for that matter (that could have been due to serious knocking and vibration).
Car starts and runs, but there are problems.
Symptoms:
1) No power under acceleration
2) Serious backfire. Almost sounds like it is happening on the intake side vs the exhaust side.
Possible Causes I came up with:
1) T-Belt off causing the timing to open the valves during combustion
2) Knock sensors blown
3) Fuel leak (dont know how it would correlate, but it is something i need to fx)
4) Egr gases igniting in intake (highly unlikely, but if improper A/F ratio due to a bad sensor, can it be possible?)
5) Ignition timing off (highly unlikely, but definately possible)
What I am asking is what do you think is the probable cause for the backfiring and loss of power? I am assuming that the symptoms are correlated - makes sense.