4.6is engine replacement time

[e39 4.6]

Greetings everyone, i'm new to the e53, but not new to the m62b46.

I picked this project up for $2000, not running 4.6is timing guide failure,

It supposedly had the trans rebuilt 1000 miles before engine failure.



I got it home put oil in it and tried to start it, What a noise that put out!! , no throttle response, flashing engine light and stalling. I got the usual p0011, plus many misfire codes.

It looks to me like bent valves, I'm slightly disappointed.

The good news is I have 2, 4.6 engines sitting in my garage

This will be another fun project for me!