The 455ci water tank

The Olds 455 engine project is stopped. After partly disassembling the sticking engine it appears that most of the engine parts were in a condition beyond of rebuilding. The engine was stored outdoor and we drained about one and a half gallons of water. All the parts inside heavily rusted, major engine failure at cylinder number one, bent pushrods and valves, cylinder wall completely broken down to its base. Way to much risk to repair the block with sleeves, other parts maybe reusable after further inspection. Sorry for the owner there are not much 70's Toronado engines around today.