Autopsy of the (black and) yellow submarine Options

[Porsche Rescue]

See the "Real LE" thread below for the history.

Car was in a flash flood in Pennsylvania late last summer. It was in a shop nearing completion of a six conversion. Owner had blown up two big fours before deciding to try a six. Engine was from Motormeister. Car was under water up to the dash for about 30 minutes. Nationwide settled with the car owner and it went to auction. Bought by fellow in Ventura, CA last Oct. and he stored it until last month when he decided time did not allow for a project. It went to Ebay and I bought it with an offer before the auction ended.

JP Stein joined me for the beginning of the autopsy. We opened the sump drain plug and here is what we found. Not much oil, 2+ quarts of water.

[Porsche Rescue]

My initial detective work says it was a legit. accident. Shop owner told me they first got an engine from MM with poor oil pressure and sent it back. That suggests they bench ran the first one. Would seem to me they would have heard this one self-destruct and sent it back too. However, it was installed but not wired or plumbed.
I found the shop by calling a PCA officer from the Pittsburgh area trying to find the former owner. He told me about the flood and gave me name and number of the shop. He said several cars were lost. Only a couple that were on lifts were saved. Shop owner told me the car was under for about 30 minutes. High water line was mid-glovebox. Water did not reach the gauge console. I left a phone message with former owner but he did not return my call. I will probably try again. Shop owner said losing the car was like losing a child for the guy, so he might not want to talk about it. I was told he had $50K in the car (multiple engines, major repaint, lots of mods (cage, fuel cell, chassis stiffening, bushings, Bilsteins, pair of Koenigs, custom carpet, 7" Revolution wheels, fiberglass rear bumper, front dam, etc.). Apparently it was all done by pros. Owner was not a DIY type. Two different people said the car was "agreed value" insured and he received $25K. Car now has a salvage title.
I have stripped interior and removed floor tar. All is well there. Removed fuel cell and surround and cleaned silt from trunk floor. Drained tranny and found mostly gear oil with maybe 8 ounces of water. Plan to refill and use it until I hear problems. I have a rebuilt 2.7 with Webers on the way. Optimistic goal is to make the start at our local AX on 9/11 (ominous date!).