if she was running fine , re-gasket and send it with some synthetic of your favorite flavor.
Got it running again! Had a heck of a time getting the timing set up. I missed the line in the factory service manual where it said that the tensioner arms are different per side. Thought I rotated it backwards too far and hit a valve ... the process of setting timing is a bit weird. Have to get the crank and cams at one spot, then turn the crank back and lock the tool in. When turning it back I had a hard stop. Not ideal but thankfully I wasn't moving it back too far.
Due to sludge, I did put in new tensioners. I downgraded to the 97-mid year 01 metal body ratcheting tensioners. These are the most desirable for any of the 2 and 3v triton engines, with the non-ratcheting metal tensioners like my engine originally had being 2nd. I doubt I'll ever put enough miles on this engine to wear out timing components but ...
The head is pretty well corroded where the #1 exhaust manifold port is. I lathered it up with red goo like before, but I bet it'll blow through eventually.
Also it looks like the head was corroded by the oil passage. There's still some
corrosion from the oil passage to the outside but as long as it's not losing a quart of oil every 75 miles...
Sounded real bad when I was cranking it to pump up the tensioners. Not a gallop but something was off. Guessing it was a combination of tensioners being lose and the lash adjusters on the head being not pumped up. But once I cranked until the oil pressure light went out, it fired right up. Coughed for a second but figured itself right out.