I think I am going to invest in some of those things that go in the dropouts and use bolts to set the chain tension and wheel alignment, I am always fighting with both of these. The 32C tires are too big to see the seat tube from the rear.
My drivetrain sounds like a chainsaw regardless of how loose or tight the chain is, a poorly maintained one at that, lots of pops and grinding as I turn the pedals. It made a little noise with the old wheel/hub, but not like this.