re: it's alive!!!
Thanks for the kudos!! Yes, in fact it was a ground up rebuild. I bought the engine for 300 clams after pulling the 2.7 (which I plan to rebuild next), and decided to check the bottom end
before installing it, and I'm glad I did. Several of the rod bearings looked very iffy: I probably could have gotten away with just putting a crank kit in it, but I decided to just do it totally. It cost me approximately $600 for all the machine work, including the crank (which was able to be saved, needing only a refinish/polish of the journals), valve job/resurfacing of both heads, and all block work, and about another 575 or so for parts, including some that are unique to putting a 3.2 in a 2.7 car (power steering reservoir, for instance). Some might say, 'you could have just bought a known good 3.2 for around 900/1000', but for what I spent and the time in building it myself, I know what I have in it, and am confident there'll be no surprises. So overall I'm very happy and looking forward to having it on the road real soon. My next door neighbor is a body man, and we trade (I do mechanical work on his vehicles, and he does body/paint work for me), and he has said he'll help me with all the body surface imperfections once I have it all squared away mechanically. Looking forward, may even post some pics when it's all done!!