Taking the head off can't be that bad. To do an overhaul, you probably need the valves ground and checked out anyway. May need some new ones there along with cleaning up the head. I'd never do an overhaul with going through the head also. Valves, springs, stems, pushrods, rocker arms, etc. all need to be checked. The head and valves may be half the problem, then you end up with half a fix. I'd suggest go through it all or else just keep adding oil.
I have a split ring compressor for a vw that would work from the bottom but may not fit your size piston. Could possibly ream from underneath but who wants to lay on their back doing it with the stuff falling in your face. My 2 cents.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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