Getting nervous about cost of engine rebuild.

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I'd rather have a customer be pissed off over the price than pissed off over cutting corners and not doing all the little details.

This is awesome. Can't wait to see the dyno numbers.

I told them my goal was 400 and they said not to get my hopes up because their dyno is pretty “stingy”.

I’ll post more details in my “guess the number” thread that I’m about to start but the engine should have been around 400 before it went into the shop. If I lost power then we will be having a conversation.
 
I went and looked at the motor yesterday. They really did a top notch job. Replaced a lot of things that were pretty worn out that I would have left on the engine. Distributor was rebuilt, water pump, oil pump, oil pick up, and gas pump was replaced. New line was run from the pump to a regulator to the carburetor with an Earl’s in line filter. New breather was installed and new valve installed in the back of the valve cover instead of the front. That was just the small things I could see by looking st the engine.

That's great. That's how a "rebuild" should be. The items "[you] would have left on the engine" is exactly what happens at a lot of cut rate shops and places that don't define rebuilt and performance the same as I might. For me, rebuilt means made better than new (machining technology has improved immensely over the intervening decades) , aside from castings. That's why you get a quote too. So you can tell what's going to be re-used or replaced. You never get anything you don't pay for. And you always need to make sure you're getting what you do pay for. That's simple business. As far as owning all the equipment - F that. I'm a hobbyist and I feed a couple machine shops. It's still up to me to validate what they did was right, and to know which shop is capable of doing what. No problem with subcontractors.
 

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