Go for it. I had only pulled engines from bugs (talk about easy)and done a rabbit clutch job before I did exactly what you are thinking about (well half really, it got cold before I could do the reinstall, but I am sure I could have completed it if the winter had held off). I used a cherry picker, when I started pulling the engine and tranny up, it tipped toward the tranny. I had to crawl into the engine compartment and lift the tranny up the last 3 inches so it would come out of the car while my neighbor pulled the hoist backwards. I used the mercedes manual and this forum, it was all I needed. If you have done a Subaru you can do this, it is just heavier. You will want a helper to jockey it back into place, but getting them out should be mainly one person.
I didn't see where you live, but if it is where it is cold and you don't have a block heater, while the engine is out would be the time to install it. New engine and tranny mounts too. Depending on your time frame I would consider front end work with the engine out of the way, I would have done the ball joints if I had thought about it, duh. - the good car sat empty for long enough. -Andy

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andy t
'78 300d
'95 volvo 850, wagon
'86 300sdl - engine out, maybe I'll have it rolling by June

whole bunch o' bicycles