Wow, nice window in the side of the block! Haha. I had a Jet 3 with just about the same window and always thought it was funny the rod tore the engine tag off too. It's like MM never saw that coming.
I am limited on shop space as well. I do all of my work in a two car garage at my house. Sometimes it is like climbing around in a jungle gym. My dad has a bigger shop if any heavier work is to be done but he's a ways away.