Re: Oil pressure or none
It would depend on cosmetic requirements, if there was need to keep it looking untouched or you want to re paint and detail everything,
The low oil pressure could be sludge in the pan clogging the screen, I have seen engines that sat 15 years have deep enough sludge in the pan the cover the oil pickup.
With the pan dropped a pressure pot can be hooked to the gauge port and the oil flow can be watched, any bearing with a steady stream pouring out of it is suspect for clearance.
Most likely a pull the engine and total inspection of clearances, wear will determine what more than rings for smoking is needed
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