A buddy of mine has a 351C CJ or Boss (he has not been able to find out which one it is for SURE yet but pretty sure it's the CJ because of the huge heads it has that are really good) engine that he said he would sell me. There is one problem. One of the con rods broke and messed the crank shaft up and chipped a small part of the cylinder off at the very bottom. He said that the spot where it chipped off is where they would machine it on a stroker motor for the con rod to clear and that it's not in the way of the oil ring or whatever. This thing has nice big headers, Edelbrock Torquer (sp) manifold, those HUGE heads with the big ports, nice aluminum rocker arms and a good sized cam that is no good anymore either. He said a new piston, crank shaft and cam would be all I need. He has everything else for it. 450 bucks and I can slowly pay him off if I want to.
1.) Is this a good price?
2.) Will that chip on the cylinder wall at the very bottom be a problem if the oil ring or whatever he said it was would not go past it?
3.) Will something like this do well behing my brand new C4?

Thanks a lot for any help here. I have to let him know if I want it here in about 2 days tops.