imo, I wouldn't even re-ring that magnum if it ran great at 140k and had good oil pressure. I'd slap a intake/carb on it, and I would put the LA front on it with new chain/gears, and if running a mechanical fuel pump, put on the eccentric adapter from hughes or swap the cam. Going to a car oil pan (with a new rear main seal) is a given. Punch in some new freeze plugs and enjoy.