Thanks Dave,
Please don't misunderstand what I'm about to say because I'm only saying it for the sake of discussion but it sounds like what you're describing is more than a rebuild and more like what we used to call "blueprinting"... bringing a stock engine as cose to optimal tolerances as possible.
Rest *assured that your advice has not fallen on deaf ears. I respect your approach but I don't think that much dedication to perfection is necessary to "rebuild" an engine. If you look at what a rebuild is logically, consider that a "suitable candidate" for restoration has already run what... 70,000 miles from a factory that initially *assembled it with much less care that what you're describing. If it'll go that far under those circumstances I would think it would go that far again with an "average" rebuild.
What you've said has been very enlightening and perhaps when I get to that point (and have the money) I'll go your route but I still think a reasonably intelligent person with an above average understanding of an internal combustion engine (and the help of a good machine shop) could accomplish the task of rebuilding a 235 with excellent results.
But that's just me and my what-the-hell attitude speaking, while in the back of my head I'm hearing the words of a respected mentor saying "Woody, there few things in the world more dangerous than a fool with enthusiasm".
