Overspeed on a Rotax 912/914 can only result in two types of mechanical damage:
- A twisted crankshaft, or
- A valve strike (piston-to-valve contact)
The hydraulic lifters are not affected by overspeed, and an overspeed cannot trap air inside a lifter. For that reason, the lifter air-bleed test you referenced does not serve as an overspeed diagnostic and does not help determine whether an overspeed event occurred.
A flat (failed) lifter would cause:
- hard starting
- minor roughness
- light ticking noise (often too faint to hear)
- hammering on the valve train, which can sometimes be seen as wear on the spring washer
But a flat lifter is not caused by overspeed, and an overspeed will not damage the lifters.
Your symptoms, “rough running, imbalance, and a 200 RPM drop,” are consistent with:
- An incorrect carb balance
- propeller out of balance
- governor malfunction
- or general tuning issues
They are not consistent with lifter damage from overspeed.
Since compression, leakdown, and borescope inspections were all normal, you can reasonably exclude a valve strike. If the crankshaft were twisted, the vibration would be severe and unmistakable.
My recommendation is to return to the basics:
- perform a full carb balance and synchronization
- balance the propeller
- Verify governor function and prop tracking
Lifter replacement is not required.
And yes, if any part of the oil circuit was opened (especially an oil pressure gallery), the oil purge procedure must be performed.