Are you going to be working ths tractor or is it for play? If working I'd probably replace all of them unless you know the condition of everything. I for play I'd only do the one hole.
A few years back I bought an M off a friend that was stuck. He had overhauled the engine about 10 yrs prior & parkd it in a corner of his shed & let it sit. After a few years he went to start it & the motor was stuck.
When I got into it I found the head was cracked but only had one cylinder froze up so I pulled the sleeve & piston out, dug the rings out & cleaned up the piston. Put a new sleeve in th one hole, honed the others & put new rings in the pistons & reinstalled them. Tractor runs like a top & doesn't use oil. About the only thing we use it for is unloadng bins in the winter.
IIRC I have less than $250 in the overhaul & that includes buying a used head for $50
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Today's Featured Article - Product Review: Electronic Ignition - by Staff. Oil, for example has come a long way in the last 50 years and I don't use anything but the latest API grade available. I've heard the arguments for non-detergent oils but would never trade it for today's formulations. Paint is another, the modern acrylic enamels are great for resistance to grease and fuel stains, retaining their shine and they last forever; unlike enamels and lacquers . Still another is the alternator. No doubt using the original generator keeps the tractor pure, but for thos
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