I knew the transmission was in bad shape, but the "freshened" 207 six was junk. Cracked head (block?), Standard pistons in a .020 over block with only 2 of 3 rings on each piston and a bad cam. The engine leaked oil from every orifice a great deal more than it burned....and it burned a LOT!
$10K to build a fresh 207 and a transmission which didn't shift all that well when new (with me obtaining a new head and useable block as well as doing the assembly), I don't think so!
This one was going to have a later inline Chevy six and a smooth shifting saginaw four speed.
Three weeks later the engine and transmission were given away and the project begins.