Hi Cloud, it's been a while. Looks like a great way to go, altough it would change the character of the car significantly. But it sure looks like these guys know what they're doing. How deep are your pockets ;-))
I wonder, is it the VW/Audi block?
Re oppositelock: I changed EVERY gasket, except for the balance shaft seals. But those can be sealed with a good heat resistant RTV silicone. Holding up fine for a few years now.
But, if you have the means and skills, I agree that pulling the engine would definitely be a more efficient way to seal things up and clean everything.