Been there with that same motor.. I picked up my old SR for $400 bucks though in the same situation...you'd be surprised how tough they are... granted you'd probably spin the bearings in about 1000 miles like I did.. If it turns over.. you could probably change the fluids and I bet it would start right up and drive.

You're looking at a pretty penny for a bottom end rebuild, and getting the heads shaved if they are warped. That still doesn't include the reason why it even overheated in the frist place. In your case, you may want to look at one of those JDM long blocks, but you'd loose the montero cams unless you swap those over too. The 3.5 motor seems to be the most expensive mitsubishi engine I've touched. (3.8 would probably be more)

It'll be alot of work to run through the whole engine.. After what I've been through with engines, its best to leave no stone unturned... maybe I picked that up from FrankR? To have someone else do the work to install even a JDM engine.. it's not quite as much work as the DOHC version of that truck by far.. but its no walk in the park anyway.. You'd pay far more for the engine/getting it swapped in than you'd pay for the actual truck in the end. It would be a good summer project if you're willing to learn like I did.

I'm jealous though.. I miss having a Gen 2 <img src="/forums/images/graemlins/frown.gif" alt="" />