Can someone explain to me how it is physically possible for the exhaust cam to skip a tooth if there is 0 slack in the chain or could it have just stretched that far? I can read everything I can find but sometimes I just need someone to explain it. Again, thanks for taking your time to help
Let's see if this helps. Keep in mind that this is timing chains in general, not specific to the LS.
A timing set will normally skip a tooth when the chain is worn. Over time, when the engine accelerates and decelerates, the cams, chain and crank will speed up and slow down in relation to each other. The engine will be moving and it will all be imperceptible to us, but the following is what’s going on in relation to the parts.
The cams are driven by the crank by the chain. When this happens the crank will speed up or slow down first. The crank will pull on the chain. The chain will then start to move, which will then pull on the cam. Between the time that the crank is moving and the cam is not, the chain is stretching on the pulling side.
When the engine decelerates, the crank will slow down, then the chain, then the cams. The chain will be stretched on the following side. All this happens almost instantly, but there is a time lag between the crank’s speed change and the cam’s speed change.
Each time the crank changes speed in relation to the cams the chain gets stretched a tiny, tiny bit. Over the engine's life this will happen millions of times, all the while the chain links are spinning and turning in relation to each other along their path around the crank and cams.
Once the chain has worn enough, on one of the speed changes (usually a deceleration) the chain will have enough slack for it to jump a cog. The tensioner will help keep this from happening, but even it takes time to react. If the chain is worn, the tensioner should be to one side of its allowable range.
Now would be the time to change the chain, while everything’s still more or less in place. Wait till the chain pops, and you’ll be stranded.
Per JoeGR (see post below) this is an interference engine, so if the timing chain breaks the pistons will come into violent contact with the valves. At best you'll need to replace valves, at worst the engine will scatter. The only difference will be whether you pay a core charge or not on the new/rebuild engine.
Here's a pic I found of what it should look like under there. I don't know if this is specifically a 3.9L, but the lower chain shows the stretching that TMT was talking about, on the right side.