I found my Holley carb....think it was on the Titanic....scary pics....

RustyRatRod said

That looks like it's flakin off deeper than just the coating. Like the first layer of metal is flakin off. That's crazy.

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Yes, but I notice that it's much worse where the gas sits inside.

Not as bad on the metering blocks and main body that isn't in constant contact with gas.