Is lifting the engine via that oh so conveniently placed hole in the middle of the block or or am I going to damage it that way?
What does that hole look like? If it's threaded into the top of the cylinder head, you should be safe with threading an eyebolt in there. You'd be surprised how much weight a 1/4" bolt can hold. Put a jam nut on there so the engine doesn't unthread itself when you lift it.
