I paid $900 for my 340. Put in fresh bearings and gaskets. Edelbrock intake and headers and haven't had to touch it in tens of thousands of miles. I drives hundreds of miles a year to cruise ins it and does home depot runs on Saturday. It runs 12's... not a rocket but wicked bang for the buck. I have a spare in the garage in case the 6800 rpm shifts ever take their toll on it :)
http://www.youtube.com/watch?v=RqtDMnw1yPY&feature=channel