Cleaned out the coolant passages in the timing cover....quite a bit of crud in it, it would have instantly overheated. Cleaned coolant passages in the block too, used "cleaning vinegar" changed it and agitated it a couple times a day for 3 days, (with a piece of welding wire to free crud between bores and block sides) a bunch of crud came out with the water hose today!
Dropped oil pan today and was relieved to see the water pump leak didn't get high enough to hurt anything ( remember I got like 40 ounces of water when I drained the oil) I am sure the oil pan capacity (it was baffled too) increase helped!
The engine was rebuilt with a .020" overbore, balancing, high volume oil pump etc. 5434 miles ago. I will take a couple of bearing caps off and if things look good (bores look good with no ridge etc.) I plan to go back together with new gaskets, seals, rebuilt water pump and new exhaust valves etc.....