I have a 235 engine that apparently got the #3 cylinder full of water, and broke the cylinder wall when it froze. The rest of the cylinders look OK- - - -rusty and in need of a rebore job, but apparently intact. I'm considering trying to salvage the damaged cylinder with a sleeve- - - -one of the heavy duty ones with a 1/8" wall thickness. I'll be using Ford 223 inline six pistons on this buildup, which will be a .060" oversize from a standard 235 bore. With the Ford 3 5/8" bore and a 4 1/4" stroke, the "235" will end up with a 263 cubic inch displacement. It should be able to out-torque a 261, since it will have a 5/16" longer stroke, particularly if I use the 848 head I have stashed away that's been milled down a couple of times. I'm figuring on a 9:1 or maybe a little higher compression ratio. This engine will also use the big block Chevy V8 connecting rods that I mentioned in another post, and maybe some roller bearing rocker arms.
Jerry