Join Date: Aug 2010
Location: Fort Frances, ON, CA
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Rep Power: 6
Look at the "Spruce Goose". If you throw enough money at something, you can make it fly.
I'm thinking you are joking, but in case you aren't, I'd recommend starting off simple. Start with the ignition, and maybe some carb work to see what the improvements are.
A rebuild certainly won't hurt, but I wonder about all the machining.