I've seen connecting rods poking out the side of an iron FE block before! They aren't indestructible.
Its apples & oranges to compare that alloy FE to an iron Cleveland. Compare an iron FE to the iron Cleveland, or compare an aftermarket alloy FE to an aftermarket alloy Cleveland or Clevor.
Why would the alloy FE engine cost any less, or be any stronger than an all alloy Cleveland or Clevor?
You build an alloy FE for a certain dollar amount, I'll build an alloy Cleveland for the same amount, and I'll race you for pinks, DEAL?
George
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