Sorry this reply is a little late but I hope it helps.
The rattle is almost definitely the timing chain due to the tensioner loosing it's pessure over time (eg overnight).
It can be compensated for by starting using the WOT method (wide open throttle) and this does turn the injectors off. It will not start for as long as you hold down the accelerator peddle, this gives time for the oil pressure to build back up.
You can also help by blipping the throttle before stopping the engine and some say park facing down hill although I have not tried this myself.
It is essential that 10W-30 oil is used in the DOHC engine, it has to be a thin oil to pump up not only the tensioner but also the hydraulic cam followers. I have also learned that the Ford oil filter contains a non return valve which some pattern filters don't have (althouh I haven't taken one apart to prove it!).
If the rattle starts to get excessive (more than a few seconds) then the tensioner should be replaced. The timing chain guides are made of plastic and are easily broken by a rattling chain. This is not a difficult job (easily done in a day) and although it is really only the tensioner that needs replacing if there is no other damage (eg to the chain or pulleys) it's worth replacing all the plastic guides as they are cheap and the lower cover has an integral oil seal so that
should be replaced also.
If you find broken chain guides then it's worth dropping the sump (can be done if you unbolt the steering rack although it is a hell of a fiddle!) and removing the bits of broken guide from the strainer!! (ask me how I know!).
More info about this job can be found here
http://www.fordscorpio.co.uk/timingchain20.htm
(the 8v and 16v timing chains are identical)
Yes, the FordScorpio site has lots of useful info about the transit DOHC engine, the EECV and OBD2 too!!!
Hope this helps!
All the best,
GrahamT