Modifying it to look like a bygone tractor is fine if you plan on using it as a tractor, otherwise it has no purpose.
Bringing an old Stovebolt engine back to a half way running condition depends on luck.
The engine forum is full of hard luck stories of worn and broken parts.
Rebuilding one is more expensive than a modern V8 crate rebuild.
You also have other parts issues. For example the brakes, especially the big truck drums, that are hard to find in good condition.
In the long run it would be cheaper to buy a used Kubota.

Why not showcase it as part of a fixed outdoor grill or barbeque.
The picture is an idea only. Rework the woodwork a little but retain the rustic look.
Attachments
Outdoor Grill.jpg (376.05 KB, 126 downloads)

Last edited by buoymaker; 07/11/2022 12:45 AM.

"Adding CFM to a truck will only help at engine speeds you don't want to use."
"I found there was nothing to gain beyond 400 CFM."