You know, done back to stock on the exterior with an original color, this would be quite the head turner.

As far as what to do with the motor, well .....Let's see.....you could bury it halfway in the dirt in the front yard and plant flowers in the intake manifold.........or you could use an acetylene torch and make some one-off cast iron sculptures......or use a bandsaw to make some very original paperweights......or.......