Do freeze plugs work as they should???
Since you already have the block out, strip it and have it magnafluxed. Once you pop the heads off, you may find that you want to bore it anyways and get valve guides and a good three angle valve job.
Then get a mild cam (216-224 @ .050) and some flat tops. Why mess around? Do it right the first time and ride with pride! :thumbup:
Now you've got a good foundation for future upgrades (roller cam, aluminum heads, etc.), you make all hot rodders look good because your not belching antifreeze all over the street to the horror of the local enviroterrorists, and your not blowing smoke halfway down the road (unless it's tire smoke!).