I have owned 3 of the 4.0 inline sixes with, eventually, the same tick problem (at least it sounds like what I have experienced). What I have found in every single case is that the lifter bores are worn and the lifters will tip slightly, causing a tick. The worst one I had would actually go away if you just shut the motor off and restart it, apparently allowing the lifters to re-set in their bores. After trying many oil combinations to ease the problem I finally found that, in a 6 quart system, use 4-1/2 quarts of Phillips/Conoco synthetic blend motor oil, 1 quart of Lucas Oil Stabilizer, and 1 pint of MMO or Seafoam. Sounds weird but I tried Mobil 1, Maxlife, Amzoil and Casrol GTX with no help. After talking to a man that owns a parts store nearby, he said he owned his own service station for 30 years and that also was what he found to work on the Jeeps. I do agree with the other post here who stated that the camshaft should be replaced, they do wear-in with the lifters and don’t forget that the worn cam will also increase the overall valvetrain clearances thus causing a tick.