Quote Originally Posted by Fivefingerdeathpunch View Post
If you do anything, only clean it and new gaskets.

Do not open the bottom end, meaning do not check the bearings or anything like that. Once you remove any of that you have to send it to a machine shop as this isn't a chevy 350 or a modern LS motor where things can just be bolted back together without a care.

The motor still runs and has good oil pressure, just let it buck and hope it still lasts a long while still.

Transmission wise, you can pull it apart and check the condition, replace what you need too and carry on. Or invest money in a rebuild kit.
I would have to agree with FFDP on this, just put in new gaskets and call it a day. Make sure the gasket kit you buy has metal intake gaskets and not plastic gaskets, the plastic gaskets are no good and will cause leaks.