john it seems like when there's a job like this there's always a lot of other jobs around the house that pop up and prevent ya from getting to it - frustrating. when i pull the valve cover, if it looks like a valve, then i will probably pull the head and hope that the damage to the piston and/or cylinder wall are minimal and if so have the head redone. also, the engine will not rotate either way. it is stuck.
dusty the $3200 included the clutch package.
when i purchased the tractor, two of the eight gears would not stay engaged, the other six work just fine. the wiring also needs to be redone and the charging system is questionable. lol. so obviously i don't really want to spend much on the tractor. i got a quote to have the transmission fixed and it was almost as much as having the engine rebuilt. i'm definitely not going to do that. i have the following concerns w/ rebuilding, if it needs a full rebuild: in my experience (and this is w/ cars and trucks not sure the same holds true w/ tractors) when you rebuild an engine if you don't address (rebuild) other parts (e.g., transmission), those other parts will fail, especially if they are showing problems, like mine are - no real hard evidence for my theory, just murphy's law. i worry that if i rebuild the engine, then things like injectors, injector pump, etc will start going out (i don't recall whether they are part of the rebuild. i doubt it.)
my thinking is similar to both of yours, in that $3200 is a nice down payment on another tractor. i would like to get one that my wife could drive, she literally couldn't push the clutch pedal down on the long, she would lift out of the seat. there's a 1993 ford 2120 w/ loader and 394 hours for about $11k that i'm going to try to get out and look at.
while i'm writing a book here, let me ask, how many hours on a used machine is too many? really broad question, i know, but any rule of thumb may help.
thanks again for your replies.