A lot depends on how fast you want to get it running again and how much the individual parts cost. You"ll have to line up an crank, rod(s), cam, etc make sure that the hole is the only damage to the block , etc. Then compare the price and the timing to gather and install all the parts to the price of a used or remanucactured engine. Bad car engine castings were repaired that way at the factory as long as the flaw was below a certain size and was in a non-critical area. However car engines are not structural to the chasis and that"s not the case with a tractor engine. See if the Ford shop manaul recomends this as a repair process.
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