Not Ranked
The fact that it has a V V carb makes me think that it is earlier than the '89 body that it is in. They did make 351W PI engines but I think after about '85 they were CFI. I'd be leary of it's originality. 351W's are fairly plentiful and it sounds like everything (other than the coolers) that makes a PI engine unique is going to be changed anyway, if he's offering it at a core price it's probably an o.k. deal, but if it's at a premium,I'd pass.
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WDZ
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