I've got access to one owned by my dad but have only seen it used once that I can remember in my 43 years. That one time was about 10 years ago when we did an inframe on our 50's model 440IC Deere dozer. As far as we could tell it had never been rebuilt. Other than cutting off a slight ridge and then using a Sunnen pressure hone to take the bores one out to a standard .010, oversized everything else in the engine looked good.
That said it has gotten to the point nowdays that what most of the other posts have said are right, engines seem to be outlasting the bodies, and buying a reman or new crate engine is often cheaper than doing a rebuild...and it usually comes with a warranty. To me though no warranty can outshine the feeling of accomplishment of taking a box full of parts and putting them back together into a sweet running engine.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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