machine ship experts, can it be saved

i have a swap engine that I can swap the crank out of if need, be, but from the looks of it is it probable that everything on this bottomend will be a lost cause due to exposure. The paulter rods and hardward are the main items of concern. 

Completely salvageable.

I don't see anything that would keep me from using that.  Does it spin?  Get a bore scope and see how the walls are and go from there.

I don't know what paulter rods and hardward are but everything I can see is certainly salvageable. 

Cant imagine why the rods would be damaged, unless there's crazy rust causing expansion under the caps.

Might need to take the crank out and have the bearing surfaces machined to clean them up. Throw in new rod and crank bearings...done. 

In reply to APEowner :

Paulter roads are what is typed when i intend to type Pauter (sort of like ship as opposed to shop) they're capable of handling far more than a G series transmission will ever be able to handle, and can likely put a PAR box to the test under the right circumstances. 

Totally usable.  

I actually have a stronger reaction to that broken oil pan bolt than i do to that rust. 

Honestly I'd fill it up with oil and run it. Maybe do a flush shortly after.

A little bit of steel wool and the rust will knock right off.  Looks like it was stored outside with the pan off?  If it's a full engine, was it stored with spark plugs and manifolds?  Any pictures of the cylinders?

EDIT: I see the painters tape over the manifold flange, so that answers that question.  If it turns over real easy (bearings will be dry, so don't turn it over alot), then you're good to go.  Can't hurt to spray some oil down the plug holes/thru the ports too.

I'm planning on doing bearings. It was stored in an enclosed trailer then a trunk of a parts car for about 8 years with the oil pan and manifolds off. 

A little acid will eat that minor rust right off.  The only concern would be if somehow the journals got pitted, but with rust that minor it is doubtful.

Easily salvageable. I pulled a Mazda BP from a junkyard that had had the #1 sparkplug left out for an unknown amount of time and was full of water, and even that was saved with just a 0.010" overbore.

Junk, totally unusable.  Put it in a box and ship it to me, I'll make sure it gets disposed of properly.

Check w a crank grind or polish and go from there. The machine shop wont waste their time so they wont waste yours

Pull the caps and plugs and look.  If there's no rust on the crank or the bores, I'd be tempted to just run it.