Okay - I got the engine in my garage. It actually looks very good in all. The head has that brownish-greyish color like it's spent it's life in oil, and is still well oiled with not even a trace of surface rust.
All the parts were there, all the rods, head bolts, etc were bagged up. It looked pretty complete.
Some surface rust on the rest of the engine - the water pump is bad, but I was going to replace that anyways. Everything else is not too shabby.
Then we get to the "offending cylinder"....
I gave it a quick scrub with a wire brush to get some of the really egregious rust dealt with, and vacuumed it out.
Do you think it's salvageable?
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So right now, I have the engine sitting on its side at like a 45 degree angle, with the offending cylinder filled to the brim with vinegar. We'll see what that does in a few days.
Whataya think? Is it salvageable or am I scrod?