I obtained an old 7mgte to rebuild that had blown a head gasket and had been sitting around for a couple of years. When I opened it up, it was full of water-contaminated oil that had rusted the cams and crankshaft. I'm prepared to get the block decked and bored, replace the cams, and have the crank reground. My questions are the following: 1) Should I just throw this engine away and start with another? 2) If the answer to the first question is no, what else should I watch for?