Well when the word bad is used like that, then it sounds like not good. Problems like that are usually a worn out engine. Low oil caused spun bearing due to hard seals and oil loss. Broken rings mostly just fatigue along with heat and maybe even detonation.
Either way, engine rebuild time and with proper care and only occasional runs up to 6500 rpms and 140 mph it should last another 200 thousand miles.
Russ
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