Just an update on this thread, since it has been a while. . . I'll post some pictures as well. . .
Problems/Issues found:
Rusty/pitted valve seats on #4 exhaust and #5 exhaust. I had a machine shop install new valve seats and grind the valves. The other valves were good so just some manual grinding to freshen them up.
I found substantial amounts of iron sediment in the water jackets on the engine block. I popped out the core plugs (aka freeze plugs) and removed all the sediment with a power washer, etc. The machine shop said that the areas in between the cylinders were running hot, based on looking at the heads. Probably the sediment had something to do with that.
Bottom end of the engine checked out good, little/no wear, so I left it alone.
The timing chain looked a little sloppy, plus the cam sprocket was the kind with nylon teeth. so, I replaced it with a Melling high performance set.
I'm still waiting for the marine head gasket kit (on back order) so I can re-assemble the heads. Meanwhile, I am taking care of lots of rusty parts with Naval Jelly and POR-15 engine enamel.
I'll post some pics later on . . .
OK, here are some pics . . .
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