CALLING ENGINE GUYS/GALS

Man, I'm taking a beating here.......The engine was pulled about 8 years ago by the owner. A running engine with 75k on it. The plan was to throw it back in after the bodywork was done, but they decided to do a "little" on it before they put it back in......The cyls were de-glazed, the valves were lapped, the rings were changed, and the oil pump was replaced. He made no claims that the engine was "re-built". They eventually gave up on the project with tons of metal and body work left, which is what I have now.

I bought a leak-down tester, and thought I'd play with it. When I found the results, I simply asked if "break in" would change the crappy results that I got.......Now I've got guys telling me that I have a "piece of ****" etc.

Of coarse, I am eventually going to do the engine up completely, but after spending thousands on the rest of the car, I was hoping to drive it for a year or two then go balls deep over the winter with the engine.

I am planning, however, to tear it down before running it to make sure that nothing done will compromise the future of this engine. A set of gaskets and some plastigauge will be cheap insurance.

Thanks for everyone who responded to the question. Lots of great replies, some, not so much.
Well, get to it! I guess you were looking for the answer you wanted, which was "it looks great, totally good to go" instead of the general consensus that its sketchy at best. Check it out, throw it together and get it in the car allready!