More and more common, I am afraid. As said check it over and regasket. Word of warning, if it has the factory big dish pistons and shim head gaskets, you will lower compression even more. Felpro and most replacements are .040" or so thick, factory shim gaskets are .017" thick. It drops compression from 8 to 1 to 7.75 to 1, sucky. There is some light weight, modern ring pack pistons coming out in near future with a 8cc dish, 1mm top rings in 4.100" and 4.155" bore, perfect for early heads. The stock cam in that 350 blows, the early Vin 9 flat tappet 307 or 455 smog cam are an improvement but mild enough to not hurt bottom end on your 350. Unless the nylon cam gear was changed, that should definitely be done, those years tend to fall apart and get sucked into the oil pump pick up.Because LS swap
Or Buick 350... 455... or Turbo V6?!? That, would be great.What a different world it would be if you could buy a new crate 350 Olds from GM.
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