If you decide to swap to a 235 engine, the same "no leak" seal modification can be done to it. I'd suggest finding a rebuildable 235, preferably a 1954 or early 55 production engine with the water pump in the same location as a 216, and rebuild and improve it, it instead of risking a disaster with the 216 if some old geezer like me doesn't build it. I was among the last bunch of professional mechanics who grew up working on Babbit rod engines, back in the late 1950's.
Jerry


"It is better to be silent and be thought a fool than to speak and eliminate all doubt!" - Abraham Lincoln
Cringe and wail in fear, Eloi- - - - -we Morlocks are on the hunt!
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. - Ernest Hemingway
Love your enemies and drive 'em nuts!