Couple thoughts.
Pressure up the engine with a spark plug adapter to air, top off the coolant and check for bubbles
Double check the cam timing and valve clearance
Also remove the coolant fan sensor and suspend it water with an ohm meter connected to it. Put a thermostat (mercury type) in th ewater and heat it on a stove or portable burner camp stove type deal. See what temp the semsor gets continuity. It may be kicking on at too high of temp leaving the fan system no way to cool down the coolant fast enough to overcome the rising coolant temp
Could also be a bad bearing behind the mechanical seal in the water pump. It is a small bearing in the crankcase. Crankcase pressure may be leaking into the water pump coolant housing when the engine is accelerated causing the oil pump drive gear to 'walk' a little from the bad bearing letting crankcase air into the coolant system past the seals. Since the shaft drives the water pump and the oil pump, the oil pump rotor is cross pinned through the shaft on it's end so it will drive with a little movement from a bad bearing. If the shaft walks a little (climbs the driven gear) on the water pump end of the shaft from the bad bearing, this could be the result, getting air into the system and making the unit hot. I have seen this in rare cases and it does happen, not only on this engine platform but in other manufacturers engines also. You would be suprised at how cheep these inner bearings are. common bearing number is a #6202 or a #6002 on those shafts (I think), anyway, it is a light bearing that can go bad easy
I would pressure check the top end first though to make sure of a head gasket not being bad, or if someone used a scotchbrite pad on a drill to clean the mating surfaces of the cylinder and head. This form of cleaning can leave divits in the mating surfaces or un-eveness in the aluminum so they will not seal. I never use these pads to clean aluminum surfaces, rather use a razor blade instead, by hand to not damage the mating surfaces.
Good luck finding the cure
Post if you do
----- Gimpster -----