Charles, I would say with what you did with your 40, you could have the transmission out and back in, in an afternoon and she can be on her way. If you got a good deal and it was mentioned, I'm thinking it is somewhere in between.
Some pics and info
This is from the seller: 162K
No rust, engine shot, good for parts or new engine
Last summer my john deere 140 caught fire in the driveway and my car was parked next to it. the big blemish is where the heat melted the paint. The other marks are door dings that were...
Yep, this works. I think I will take my 60 and the 700r4 and all the parts with me. Then I will just stare into the engine bay and ask if that is where it goes. These boys will be all over it, and installed in no time. ;)
Seriously though, The right people will be at this get together!
One other thing I wanted to mention to Charles as well. make sure the plug wires are in the right order. I know you probably made sure that the correct firing order was followed, but just one more thing that can mess with us.
Erik, that might be something...... I assumed that the valves would be adjusted, but since this motor was just rebuilt, I wonder now. I'll wait till Charles chimes in. Maybe he did do them.
The air injection rail is capped off, yes.