by 4thesporty » Mon Apr 29, 2013 8:54 pm
FWIW, I am rebuilding mine at the moment and $1100 got me a block tanked, magnafluxed, bored, honed, and decked, rods reconditioned, balanced and shot peened, crank balanced and polished, and pistons (I supplied) balanced. I had the head done by someone else (tanked, magnafluxed, valve job, surfaced, and oringed) for $600. Rebuild kit from Mumua set me back $700 including the pistons I wanted. I am assembling it myself and needed to buy misc stuff as I am starting from scratch, but assuming you go back with all your other parts (injectors, turbo, IP, etc) you are in a little over $2K.
Like I said, I am starting from scratch, RC has his head done already and i'm sure can assemble a short block pretty easily, so well under $2K gets you a brand new motor built the way you want it, not a take out with 300,000 miles with an unknown service history. I say run it till it blows, then rebuild it.
1994 Chevy K3500 12V/NV4500
Full rebuild with mahle non I/C pistons, 370s (set @ 250 bar), HX35/HT3B, custom cam, studs and orings. Yep, it's a VE

Still in progress