Back when these engines were daily drivers, if a journeyman mechanic couldn't install a rear main seal before lunch with the engine in the car, he would find himself unemployed. Doing anything short of a major overhaul was always done in the frame back when I learned this trade. I've even seen cylinders bored and crankshaft rod journals reground without pulling an engine. Sometimes I'd dig into an engine and find ONE oversized piston, and/or one undersized rod journal after that kind of work!
Jerry