Remove the governor and go for a drive.
Governor is for WOT upshifts.

 

You mean, i can drive it around ? in like 1st gear? without the governor in my transmission?

 

Yes you can

 

You may not need to take it for a ride nor hassle with lifting and dropping the car multiple times. With the governor cover popped off, you should be able to hear a louder click. Wrap the weights with a rubber band and do the turn test again and listen, hopefully for silence. You said you were replacing the governor anyway. If you have it in hand, pop in and go.

 

Is it fine to just remove the governor and turn the drive shaft to see if the noise persists without the governor installed?
That way i don't have to mess with a rubber band.

After that, the governor should still just slide right in, correct?

 

Yes and correct

 

This has nothing to do with the problem in this thread. However, long long ago, when I was in charge of maintaining emergency power plants for AT&T, the tech assigned to do PMs on the turbines, came in with half a load on, and was not able to get one of the 3000 KW turbines to run at the proper speed. His solution was to tie the governor weights with a string. This worked OK while the engine was under full load, but when the load was dropped, the engine pegged the rev counter an flung several turbine blades right through the housing. Only cost $500K for repairs. The tech wound working outside as a linesman, I got yelled at and, wound up writing a 50 page report.

 

Thanks again Everett and Camaro69! I will do the diagnostic soon and get back here with the results!