FAR simpler. Drop the main drive belt off. Start the car. Still going tick tick tick? Yes? crank angle sensor. No? then its something to do with the belt. Probably a dry/sticky spot on one pulley. Get a can of belt dressing and spray it on the grooved side of the belt while the engine is running. I assume the rubber part of the harmonic balancer is all ok and not perished?
Back to the CAS. Is it a genuine Holden one? No, not ebay "genuine". I replaced mine about 6 months ago (VX 331,000 k's). it lasted 6 months then really started to act funny. Originally the CAS died when hot and a bottle of water tipped over it would get me home. Replaced it with the ebay one. Then replaced that with another "genuine" one from Rippco.
it was the same brand as the ebay one... Then, if I gave the car a good squirt (full throttle kickdown from 40 k's) it would get to about 5000 rpm and the engine would die. TRAC and ENGINE light would flash on briefly. After about ten mins rest (or a bottle of water) it would be ok. NO codes were set.
So I forked out for a real Holden CAS from a dealer. This is exactly the same as the original one (brand) and it works just fine.
I am thinking your new one isn't exactly the same dimensions as the original one. When I fitted the latest one, I used calipers to measure the distance from the crankshaft where the pulley fits on, to the middle of the gaps in the CAS. In my case the vanes on the pulley (interrupters) are bang in the middle of the gaps.
When you take the pulley off again, just check the sensor to see if it has been scraped by the interrupters.