what did they tell you was wrong with the engine? was it even a reputable shop? i live in phoenix and i cant tell you how many shops try to tell people a simple fix(that they didnt catch) is a bad engine/trans/diff/electrical component that is big $$ and usually doesnt fix the root cause.
also unless rods are knocking, you have bad oil pressure and it fails a wet compression test, you almost for sure have an ok shortblock. it may need new valve stem seals and a good prime thou.
this doesnt mean take it out and beat it as soon as you fire it up. engines that sit tend to crack rings under abuse during the first hundred or so miles after being put back in service.
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