They've only taken off the valve cover and the cams
Not sure if you can tell from the pics, but here they are
Camera phone pics

 

Who is that in your avatar?

 

By the looks of it you have a socket extension in it. I dont think that should be there.

 

who is that in YOUR sig??

 

Is that the only valve that dropped?

 

I agree the socket looks suspicious

 

I can't see anything wrong with your engine...except it's missing 2 cams....that's about it.

 

Looks like every single intake valve is getting ready to drop. Looks like the second intake valve of cylinder #1 has dropped.

 

^^ Yea, the second valve on the intake side is missing, and the retainers look like they've been hammered. OUCH!

What happened?

 

^^ you're both right
Yeah, I guess it's hard to tell from that angle, but almost EVERY valve is about to drop. I guess only one actually dropped. The rest are not even in height whatsoever.
This is RSXelrate, just with a new screen name, so if you've visited my other thread you should know what happened.
I should know by tomorrow if there was damage to the block. Supposedly some company locally can remanufacture the head for pretty cheap, or I have a rebuilt head locally for $1500