Dont give up Dusty! I got super discouraged many times, thought I tried everything, brought it to a mechanic, he had it for four days, still no luck, couple of tow bills and then after more than six mths of nothing I brought it to another fresh set of eyes, he hooked a computer up to it and found it in a hour. It was the damn cps that three other qualified people had checked. Just keep running through all the major sensors and input, you will find it! It will make your week, even your month. It made me realize how important sticking to the basics are. If nothing else, you will know your M42 really well and you'll love it even more. 
Make sure you try everything anyone suggests, even if you think you've done it.
Haha, thanks for the encouragment. I agree, that the basics is where it's at. That's what led me to drain the tank last night. The wet plugs didn't smell like fresh gas to me. Took a look at the tank, drain plug still had factory undercoating on it, and had never been pulled! Drained tank and there was a distinct discoloration to the fuel, and just didn't smell strong (condensation anyone???). It made no difference though as I suspected it wouldn't, but it's something else to check off the list.
Another task performed last night was removing the ICV and bench testing. Got nothing out of it... appears dead. I'm assuming the WOT start test would bypass the ICVs usefulness and still allow to start if everything else was ok?
Another oddity last night. I actually got one singular exhaust pulse/puff out of her last night. Heard that "ignition noise" and then a monster can that happened to be 3 feet away from the exhaust started rocking back and forth, almost falling over. Wasn't a fireball or anything like that, just something I noted.
Intake may be coming off next. Judging from the ICV hoses, I'm sure to find other cracked/nearly broken vacuum lines. Thinking of trying to figure out my own vacuum distribution block to clean up the nest underneath.
I have from tomorrow till Jan 3rd off, with mulitple days free. So I may just be holed up in the garage trying to figure her out. If anyone nearby wants to come by and lend an eye/ear and wants some food and beer, by all means let me know.
EDIT:Something else to keep me busy I think. Found what I believe is an aftermarket Alpine alarm system under drivers side knee bolster along with a switch wired to it for some reason.... I did not recieve any remotes for this system. I don't feel it's the culprit, as I'm getting spark and usually those interupt ignition.... Still, it would be good just to remove anyhow.
