Pleasant surprise.. it IS a 340.

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Guys just take the rocker arms off when storing engines, plus you do not get the moisture coming in from the open exhaust valves, simple concept.
I built a dumpster 318 last winter for my next project, did not even bother to put he push-rods in it, because it will be a year or so before I fire it up, unless I get a wild hair and put it on my engine start stand.
Anyways, years ago I made some exhaust cover flanges out of .063 aluminum, using a header gasket as a template, I bolt them on engines I store, to keep moisture out.
Plus I use cheap saran-warp from the store, and wrap the crap out of an engine to keep moisture and dirt out, then cover with a barbecue grill cover.
It will keep the moisture and dust out of an engine.
I have a problem with the out-building I store my engines in, it is almost too dry, wasps and mud-dobbers love to build nests in everything.
I have 2 engines layin in the garage I'm going to do that to this weekend. One ran last summer, the other a few years ago (but that one I filled the cylinders with trans fluid, and turn it over once in a while).
 
I have 2 engines layin in the garage I'm going to do that to this weekend. One ran last summer, the other a few years ago (but that one I filled the cylinders with trans fluid, and turn it over once in a while).
Any type oil works good, I have yet to see anything rust sitting in oil.
 
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