Hahaha. RUN IT! Wouldn’t even think about it. My last motor in my racecar had water sit in it for some time at the junkyard. Was a v8 so it hand 2-3 eyebrow like rust rings in some cylinders. Not so much just light rust but more like that part of the cylinder was eroded away and you could probably see past the rings if you hit it with a flashlight from the bottom. Ran like a champ and made great power and never so much as even a puff of smoke. I beat it like it owed me $$$$ for at least 2 years. Most people would have thrown that block away. Its still sitting in my garage wrapped in plastic waiting to get called back to duty.