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Re: Doing A Valve Job
For the new engine, might want to add new starter, fuel pump, flex plate, radiator hoses, heater hose, spark plugs, plug wires, distributor cap and rotor. Don't forget the cost of 2 gallons antifreeze, 5 quarts oil, filter, pvc etc. Plus at least $100 for "I don't want to put that old thing on my new motor." items.
On the 305, if the head is still on, see if the mechanic would be willing to part with a used lifter, push rod and rocker arm for you to practice with. And does he have an already opened set of valve seals? Or consider getting same from a pull-a-part yard. Used parts will let you gain experience just as well as new. Any money spent on the 305 is money lost when you do swap it out for the 350. The mixing of used lifters and cams is normally considered a bad thing but in this case, sounds like the 305 is near end of life anyway.
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