I really appreciate all the input on this engine, and the wisdom regarding tackling a rebuild.
Just to assuage some concerns, let me share that Im a mechanical engineer and comfortable with careful, high tolerance work. Ive have been studing up on the many details of these engines and I'm finding David's point about the many variations in parts is right on and sobering.
This engine is not matching numbers to any of my cars so I figure its a good one to start with. Im up for the challange and besides, at the end of the day, I figure I've got all you great guys, and gals to help me out!
The bits in the sump came from the skirt on the #3 piston per the attached picture. Ill tear the rest of the engine down this weekend and seek out a good shop to do the machine work.
The key question for me is why did this happen? The bores are 86 mm, consistent with a big bore kit, and as I understand, the standard big bore kits should work with the 912 counter balanced crank.
Of note, I grabbed the piston and pulled it up and down and the assembly had more play than I expected. Could worn out bearings (there are three in line in the piston assembly) lead to interference between the crank and piston skirt?
-Dan
"I never leave Ann Arbor. The real world is too hard to face."