Well shit just got real, some metal in the oil. 30 psi on cyl 2 and 13 on cyl 4. oil smokes a bit from passenger side exhaust.
So I picked up an incomplete serp belt swap with an complete longblock tbi w/ engine stand for 100 dollars. Real compression #s are still unknown at this time, but I was able to get about 60psi out of it by turning it over by hand, made much friendlier compression noises than the other one.
It looks to have come from a work truck or van, maybe add an oil cooler... otherwise I can plug the one end and the other would be great for a gauge.
I'm just getting ready to get the engine out but I'm not sure if I want to just pull the engine or pull the whole t-case/trans/engine combo, because aligning input shaft splines on the trans to the engine as well as getting at a few of the bolts looks like a nightmare...
I'm curious if my hoist can pull off the job.
I think regardless though I am going to need a few friends and some beer to come over and help.