318 timing chain.....and why the engine should come out.

This engine was sitting at 126....and looked like it wasn’t taken care of....the Gear was original.

I don’t for sure if it had them....s. It doesn’t look like it came with them because they are all gone and show no signs of whatever would be left and no wear pattern.,,,,the intake side is intact.

Maybe it was just the plastic teeth in the oil pick up.
I can tell you this oil was new and might have a couple of hundred miles on it. It’s black and thinned out

But some of that is gas from where it ran rich trying to tune the carburetor and set the timing.

I’m wondering if I should pull the heads and lap the valves just to get them to seat better.
Then throw some cheap bearings in there and clean out all the crap....maybe get another 50-100k out of it...
Which is fine for how much it’s driven and what it’s worth.

The reason I think that it because...while it has compression. I tried to keep the valves up with compressed air....wouldn’t do it. Had to use some rope.

I did one set of valve seals and then questioned if I should just pull the head off and apart and patch it. If it needs it.

I have some felpro head gaskets sitting around.