I'll echo what others have said... Start with a compression check.
On the list if I can get some time when any of the places on the way between work and home are available to do it. Trying to avoid any side trips that aren't completely critical.
That will tell you if the mechanical is, by and large, okay. Especially after having a "Check oil" light (which I take to mean as GM's version of an oil pressure indicator lamp), you may have something internal going on.
Not overly worried about the light; it was about 1/16" below the "add" line, and went off after adding a quart. On a car that old, a couple thousand miles to the quart isn't usually an indication of a serious problem...especially considering the valve cover gasket was cracked and split, so some oil was definitely being lost there.
The complete lack of smoke from the exhaust keeps me thinking it's something non-catastrophic that I just need to find and fix, but everything else keeps not fixing it.
On another note, it was chattering under load yesterday, so maybe a slow-closing valve could be the issue. I didn't see any actually stuck when I had the cover off, oil flow was vigorous, (as in, when it caught, it showered the entire engine compartment with oil) and the cam lobes looked good, so I may have to decide whether it's worth the effort/expense to pull the head and get a good look at the valves themselves.
If I had a spare car, this thing would be a real dilemma; strip and scrap, or refuse to admit defeat, tear it apart piece by piece until I find and fix the problem...then drive it for a while longer until something readily identifiable breaks, and then strip and scrap it.