The most important part of a motor are the parts that can't be fixed. Cracks and internal rust are good reasons to give-up on an engine; at least, it didn't overheat.
If you swap to a 2F then you can't do mix-and-match heads/blocks, if you are hoarding old parts for the future. A 2F has one more hole for the exhaust manifold up front, which could be nice for headers. But, finding good manifolds was harder to do than actually finding an engine, for me. You might look under that carburetor and see how your intake manifold looks where it mates/mated to the exhaust.
A split-hood rests its prop on the old valve cover, right?
If you swap to a 2F then you can't do mix-and-match heads/blocks, if you are hoarding old parts for the future. A 2F has one more hole for the exhaust manifold up front, which could be nice for headers. But, finding good manifolds was harder to do than actually finding an engine, for me. You might look under that carburetor and see how your intake manifold looks where it mates/mated to the exhaust.
A split-hood rests its prop on the old valve cover, right?