Steve, that 261 is a good engine. I have a 261 rebuilt and in my 50 coupe. Awesome engine.....and around here we let folks know its your truck and you do what you want with it. Most of us start with a basket case and just preserve a piece of history.
It good to also know you have young men in the hobby. There are some young men here....and some not so young but younger than me! LOL
We are here to help.