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Why not pull the engine, take off intake and exhaust, clean it up and fix the leaks? A fairly straightforward effort if there are no major problems, but as we all know it could lead down a rocky path. A good diagnosis of where the leaks are originating would be a good thing to know before finalizing the decision.
I have no clue on value, but a nice solid car that you like and are familiar with is not easy to replace. In the current and maybe upcoming market you might find a car that has what you want at a very attractive price.
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Art
'75 911 US Carrera #390
'74 MGB, AH 3000 BN7 V8,
'65 Mustang Fastback, 66 bronco U13
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