2X what Swampyankee said and FWIW, having had ten or twelve Ford big block trucks of 70's vintage on the farm, I would recommend that you consider installing a timing chain and gears. PITA, three hour or so job but the timing chains tend to get sloppy at around 60-70K miles (which is when we typically bought them cheap because they ran like crap). At the time a chain and gears was less than $50; half a day later we would have a sweet running truck having paid only half what it was worth. They are thirsty devils but pretty much bullet proof if maintained.
Good luck,
Jim
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2005 C240 4matic wagon (daily driver)
87 190D - 225K (on loan)
85 190D - 312K (on loan)
2011 Subaru Legacy AWD (Wife's)
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