Hey Paul, how much did you shave off of the head? I'm curious because I just finished working on a Zetec Cougar and the head was shaved 2mm to bump the CR to about ~11.2
I didn't have the full spec's on the internal so I had to guesstimate, so that figure my be off by about .2
The Ford knock sensor is really sensitive and overactive, the car wouldn't rev and the OBDII reader was reporting that the timing was all over the place.
So in the mean time until we get the ECU tuned somehow, I sorta disabled the knock sensor and it made a HUUUUGE difference. I suspect that might be your problem if your cam timing is indexed correctly.
So what I did is unbolt the knock sensor from the block, I then used some primary wire so that the knock sensor still had an active electrical connection to the block while it is physically not connected to it. I then zip tied it to the firewall. You might want to give that a try.
Here is a quick and dirty pic of what I did to the head along with the milling.
The goal was for 160hp at the wheel's NA.