I'm wondering what would be a fair amount to pay for fixing a blown head gasket on my 1955.1 235? Quote I received was for around $1100 parts and labor but that included replacing the water pump if necessary. This is coming from a very honest tech that I've known for a long time and he said it might be cheaper depending on some of the parts he may it may not need to use. So, he gave me worst case scenario and labor was 8 hours.

Does this sound right or are there better options? I'm not sure I am technical enough or have all the right tools to tackle this myself.