I would always rebuild.. If you don't then the matching numbers goes away unless you keep the old engine and then you have something you have to store.
The cost to rebuild is not that bad. Yes it is easier to get a shortblock and slap the top end on it but it can be assebled wrong and you not have any realy idea of the quality of work from the engine builder you get the shortblock from.
Good luck whatever you guys decide.
Matt
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2007 Mustang GT
Fun loving 1988 5.0 Ranger!
1964 Fairlane 500 2 door post (GR350)
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