Yep, that's me, LOL! Getting prepped to tear into a C2AE block (you fellas may remember that industrial block I bought last year?). I really wanted to use this for my 312 crank, blower cam, 471 heads, blah, blah, blah. Anywho, we started out pretty good. I was amazed when I pulled the valve covers, but when I pulled the intake, I could see that we might have been headed for trouble, the tell tale signs of rust stains going down the intake runners of the driver's side gave me some doubts.
Very, very clean inside!!! Not dry either...the pics may look that way at the rocker arm shafts, but there was oil dripping all over the place when I removed them. They have very little wear, and NO step in any of rocker arm tips. The heads had a couple of valves replaced (new one piece retainers on valves, looks like) and it seemed as if this thing had a rework not too long before either a head gasket went on it, or it got put out to pasture.
The tag was still on the coil mounting boss. I am going to assume a 1964 292...what this thing was used for, I have no idea - bought it as a swap special. The front mount and the rear mounts are pretty good. Lets you run the thing with no bellhousing. The rear mount holds the starter in place.
Ok, above are the photos of the passenger side on the left, and then the drivers side on the right. That's PB blaster in the cylinders on the left, and to be honest, the surface rust is not that bad in those cylinders. However, over on cylinder #6 (and #7 to a degree) we have some serious rusting. Whether or not I will be able to get those pistons out of there remains to be seen. cylinder 8 is fine, and 5 has some nut shells from vermin.
Is this worth fooling with, or should I get another block altogether? The cylinders must have had something done to them at the same time as the heads, because there was no ridge in any of the bores. I did not mic the bores yet however...the lightest colored piston was stamped STD. So I would probably assume that they are still even 292, but I have seen a few wierd things when tearing down blocks. Who knows who had a hold of it back in the day.
Don't want to disassemble, take this down to the machine shop, only to bore and "bore alike" and find, "Oh, you can't use this one, find another one and then spend all the more dough on block number two..."
Arggggghghhhhhhhhghghghghhghghghghghghhghghghghghg!!!!!
Ok, I'm done. 
Edit: Forgot to mention - take a look at that cobbled mess of an alternator setup. People are CRAZY. 
Daniel JessupLancaster, California
aka "The Hot Rod Reverend" 
check out the 1955 Ford Fairlane build at www.hotrodreverend.com