I don't know about rebuilding costs, but I have worked on the 3.7 engines. What are you considering to be excessive oil consumption? Are you having to add oil frequently between oil changes? Say more than a quart in 3000 miles? Do you smell the characteristic burned oil smell in the exhaust? A bit of black in the snow under the tailpipe can come from more than one source, and is not necessarily an indication of oil consumption. Starting a cold engine is accompanied by a rich mixture that allows some soot to form. A cold catalytic converter will not remove that. Now consider: you spend a lot of money on a rebuild, your time and labor, and when it is all done and re-assembled, you still have black crap dripping out of the tailpipe. What then?
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Today's Featured Article - Farmall 460: That's My Girl - by LeAnn R. Ralph. How many sounds can you think of that are as familiar to you as your own breathing? What about the hum of your refrigerator? Or the thump of your clothes dryer? Maybe the engine of your car? You hear those sounds every day, and you don't think much about them, do you. I can think of a few common, ordinary sounds in my daily life, too.
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