Why wouldnt it work it is still a 4A series bottom end, You did sort out your pistons didnt you (not sure if the 5v pistons interfere with the 4v head), What ECU are you running with it?
IMO i think you have an exhaust leak and the rushing out of the gases is making it sound like the induction and the detonation sound would be the crackle of unburnt fuel, I am running a 4A-C exhaust on my twincam (TC exhaust fuked up, only alternative as i had it sitting there) and it was slowish to rev before 3000rpm due to backpressure but i hit a rock the other day and put a hole in the exhaust and now it revs alot faster, As for the wheelspin, I have found it to be normal to get it in the Twincam (try to drive normal in the wet).
There are a few more factors to look at tho, Air leaks (some CAN make the engine work better as it leans it out) and the timing belt could have jumped a tooth, Setting the 4AGE timing to the next mark will make more power but that could be where you are experiencing the detonation sound.
Just a few things to look at.