My take is......it's the dyno.
Read the post earlier this a.m. and thought about it for a few hours. Engines that far down on power (-16% or so by my math) must exhibit some pretty distinctive issues that even w/o a dyno one could detect like lazy acceleration (how about acceleration per second now versus last year's data?), fuel consumption, total timing, spark quality, etc. all of which you checked. Oh, and an oil pan that killed 150 hp? I don't think so.
If the engine isn't bucking, backfiring, running lean, burning up coils, et al and the rpms accelerate like a banshee while NOT under the dyno's load (don't know if you can do this on your dyno stand but....) methinks the problem lies in the one part of the absorber you could not get apart. Your idea of quickly whipping the motor, as is, on your local shop's dyno is a capital idea
I'll eat my hat (or yours) otherwise!