alt belt off, new timing belts and idlers. 

Starting up cold i have a  faint squeal like dry bearing.  it goes away after a minute.  oil pump feels good, can't tell about distributer, haven't pulled it to check.

Anyone have similar problem and advice to save me some hunting?

It was distributor 

I had an EA81 for a while where every couple months I had to add a bit of oil to the dist to keep it quiet...

I like that you found the issue but I don’t like the potential cost of sorting out the issue unless it’s the oil trick that Bushytails mentioned above.