Thanks for all the input guys... even you, Big Tee! Ha!
I actually have less than $500 in it so far, which includes block acid bath and check and having it bored out. New valve guides, pistons, rings, cam bearings freeze plugs and main bearings and Detroit Deisel Alpine Green paint (I've already painted the valve cover, oil pan and side cover).
All I need is rod bearings and gaskets. I'll paint the head, block and bell housing then assemble the engine
The only thing I'm bothered about is my cam is a 235... Does it detract from the 261 value? Or is it just another "who really cares"?
Anyway, I saw a rebuilt 261 on Ebay for over 2G and my jaw dropped. Maybe I DID just get lucky. I was thinking if my engine was worth anything near that, it would pay for my truck, all my new tools AND a rebuildable 235 + some change.
Jerry