Project Track Demon - Eventually

I was over at Andrew's house today and we finally did some work on the Demon since it was above freezing outside. Since I was interested, we tried starting the original slant six and succeeded. We did find that the previous owner was right about the rod knock, which is a real shame because it actually ran pretty decent. It started up really easily! After we got 10 seconds of running on starting fluid, we pushed some gas in the carb and it would happily idle on its own of the bowl being full. It didn't even smoke. Here's a video:

[ame]https://www.youtube.com/watch?v=TpFK5L9_niA&feature=youtu.be[/ame]

Also, we did an autopsy on the 1974 318 he picked up. This was an all original never been torn down unit. I'm not really sure if I feel super confident in it. What we found wasn't all bad, but it wasn't really good either. The first thing we found was this original timing chain. If any of you own an original, never been touched 318, please change the timing chain!

[ame]https://www.youtube.com/watch?v=6eQbvcFsRr0&feature=youtu.be[/ame]

Otherwise, we found that the engine has some pretty serious ridging in the cylinder and that the exhaust valve guides are bad on #1/#2/#7/#8, and otherwise the heads look fine. There is some strange erosion on two of the cam bearings, and there were no functioning exhaust valve seals. My main level of skepticism is the ridging we found. Crank and rod bearings look good and are original.

In addition, he has the brakes torn off the car and part of the front suspension. Hopefully will be making some more progress soon.