Re: Lifter Retainer Ring?
Agreed. I would fix that & remove the shards before firing it up. And check that valve/rocker assembly closely to make sure something didn't cause that deflector to break.
As hayhauler71 said, those are rotating retainers on the exhaust. As a side note ... for the 1st couple years Chevy used shorter exhaust springs to accommodate the thicker retainers, until the machines were re-tooled cutting the spring seats lower allowing all springs to be the same.
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1969 c-10 Step Side Long Bed. I-6 250cid = = 1969 Pontiac GTO hard top. 400, 4-speed.
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