I'm doing a 5.2 motor. It is a 2000 and has 195k on it and ran quite good in my Ram van that unfortunately had frame rusted beyond repair. The block shows no wear...no ridge and still has visible cross hatching. The heads and exhaust manifolds were rusted to $hit on the outside, with busted exhaust studs and sparkplug tubes, but didn't look too bad on the inside. I scrapped them and found some bare EQ heads, the NZ castings for LA intakes.
I'm replacing the the bearings, rings, and having Oregon regrind my cam. I have a Hughes spring kit on order and harvested the old valves with plans for a 3 angle valve job and a little port work. Aside from that I'm using the stock valve train, including the lifters which look good for having 195k on them. Of course they'll get a good cleaning.
I want keep the budget on the low side and $200 for new lifters can go to other parts I need if I can reuse them.
Thanks