If the engine stopped running for lack of oil trust me, this isn't going to be a bearings and rings affair.
dont worry dave, im throwing that motor he sold me into the garbage, im going to rebuild my original motor....
pulled the head off today and it still looked nice and shiny inside the cylinders... the coolant passages are a different story though :cry:
acid dip it 
the block?
heres what im planning on doing, you may have added another thing to my list:
-rehone the block to OE specs
-new rings (probably total seal, any opinions here??)
-new bearings
-polish crank bearing surfaces
-acid dip the block (?)
-1.9 Metal HG ( can someone link the "how-to" so that i can use it on my 1.6)
im guessin the acid dip will clean up the block internally?? :?
heres something im curious about though...
im pretty sure my head off the original motor is a solid lifter, so will i need to use the head off the motor on my car right now? thats probably going to need a rebuild also :evil:
hydro lifter heads need a hydro block, solid lifter heads can use either block but you need a block off for the extra oil port if using a hydro head
I read about acid dipping in a preformance magazine i have, suppose to clean everything out really nice, speciafially the coolant passages. It was for a block
Definitly use a torque plate when you are machining the block
dont worry dave, im throwing that motor he sold me into the garbage, im going to rebuild my original motor....
I'll bring my trash can to you so you have somewhere to put it!
another man's garbage is another man's treasure! hehe