Welp, I just found out that when the Mechanic changed the timing chain, he had put a NAPA gold filter on. The oil change at 150553 had oil in the filter at change time for the first time in 15000 miles...
So, I'm perplexed wether there is oil in there becasue he also changed the oil seal or if there is something screwy with the FRAM filters... (probably the Fram filter is screwy

)
After reading through several posts toyotanation and checking out the web sites folks suggested, I put a purolator on it this time.
Interestingly enough, the couple of times I have started it since the change, the engine doesn't knock for 3 to 5 seconds after startup now.. Yes it knocked with the NAPA on it. I'll be paying closer attention to start up sounds for a bit..
I also plan on disassembling the Fram Tough Guard, the NAPA gold and a Honda OEM filter I have hanging around.
Thanks again for the suggestions and the web site pointers.
Ciao
Fred_B