Quote:
Originally Posted by rangieman
A blown head gasket is not the end of the world
If the motor was not using excess oil or water beforehand and was not down on power just replace the gasket 
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And while you are doing it yourself, whack in a new EFI profile cam with new chain/gears/lifters and give it a new lease of life. Should be well under $500 to do and better than stripping and getting not much for it.