It was my grandpas block, he tried rebuilding it as a last project, before he got sick and passed away.Unless there is something special about that block I would just find a better one rather than putting any money into fixing that one. They aren't that rare.
Turn it into a wine rack and toast your grandfather every time you crack open a bottle. Then get another block, I found a low mileage short block for $300. Deals are out there.
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I love it!!!