That looks ugly!
I spent 20-plus years in the auto service biz. I saw plenty of engines in that condition. In my first 5 years, I worked on European cars. They were the "state of the art". Most of them had the cylinder heads off, most of the time. I was not impressed!
Then I spent 5 years working on Nissans, Mitsubishi's, Mazdas, and Subaru's. The rest of the oriental fleet. I was not impressed. They also spent a lot of time with the engines dismantled.
I moved to a specialty in Honda and Toyota maintenance. I became the Maytag guy! They never broke! I was just doing the same crap over and over. One timing belt looks the same as the next! I got so bored that I retired and quit! I mean it! I literally retired at 45 years old due to lack of work. Those cars are built all too well. I bought a cheap house and called it quits! Now, I sit here and remodel huts when I feel like it. I feed my lady a $100 bill when she feels the need for an ATM. I buy all the beer that I want.
My wife and I both do for a living, what we would each gladly do for free if we did not have bills to pay. We both have our dream jobs. Life is great! It doesn't get any better!
I thank God every day that I got out of the car biz! I had more than my fill!