No the side plate has one spot of rust though next to one of the spark plug holes and the oil pan has a large gash in the bottom. I think I will strip it down and check the block and head for cracks, if those are cracked then it will go to the scrap yard, if there good then I may rebuild it eventually. But for now I will focus on the 235. Which, without the serial number I will not be able to tell what year or what it's out of correct?