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I think that block for $150 would be a good deal. Is it an entire engine or is it just a short block? I don't think you have to worry about damage to an engine that would prevent it from being non rebuildable. I just bought a 455 and TH 400 and was thinking about that; however, the chances that a street driven engine would throw a rod through the block or drop a valve into a piston are slim. Also, even if there is catastrophic damage to an engine pretty much anything can be repaired by a competent machinist these days. It is just a question of how much it would cost.
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