There is always the possibility that the tap that threaded the filter's internal threads was worn, and the metal shavings are from the stripping process as the filter stripped the threaded mounting bolt when the oil pressure rose to make the filter a rocket.
I would do a UOA and a compression/leakdown test before shucking it.
A couple of years ago I sold an S10 PU to a college kid, but I told him AND the father that the engine had been rebuilt (by me) and that the only problem I had was with the carb.
I made this declaration on the Bill of Sale with the condition that the car is sold AS IS. After Notarization, the Dad handed me $200 and said his mechanic would take care of any future problems as they arose, and not to worry, and thanks for being Up-Front with them.
[ July 02, 2003, 02:38 PM: Message edited by: MolaKule ]