Don't try to press it off and on the rod, take it to a shop that has the proper set up.
You can get a better call on it once the head is removed.
A couple dangers in running it, the top ring land may be crimped down on the top ring. That will lead to seal failure, and cylinder wall damage.
The skirt may be cracked or collapsed. At best an annoying knock, at worst a rod through the block!
With the piston out the cylinder can be honed to remove any scratches. A few minor ones won't hurt. Deep though are a problem.
Once the head is off, you can check the valve seal bu laying the head on it's side, ex port up, fill the port with diesel or some thin liquid, look for leakage around the valve. Flip it over, check the intake. If leaking you can replace the valve, lap it in. Be sure the seat didn't get dinged. If it is, to the machine shop.
That engine came with a steel shim head gasket. Don't go back with that, use a composition gasket.
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Today's Featured Article - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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