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Christian, There is a little more being done than just reassembling the engine, in many cases there is minor machine work to be done, and certainly clearancing is involved.
Having said that the $1200-$1500 dollar figures being bandied about are beyond ridiculous. Your dollar estimates are in the general range possibly a bit low but not by much.
Rapid Racing Inc.
Vintage B-Stock Pilot
"When in doubt Gas it, It won't help but it ends the suspense."