I believe this was your statement:
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Being 'forty years old' aint got nothing to do with it. FE's can and are built that don't leak, don't blow up, modern engines can leak and do blow up as well.
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I don't recall any new motors developing cracks, blown out cylinder walls, ect. Your statement is flawed at best. The majority of FE's were not 427 side oilers and 270hp is about right for the 90% of FE's which were 352's or 390's.
There are plenty of block failures documented on this forum none of which are new blocks. However I will contest that the current discussion is leaning to component failures to which our "difference of opinion" has no relevance.