If you are talking about just driving it so you can get it to a mechanic and it still runs then I would do it. Provided you don't push the engine and make sure the oil level is up with some 50 wt oil. You already have metal everywhere in the engine so I wouldn't worry about that part. It will all be cleaned when you have it rebuilt. You might want to replace the oil filter while you are at it.
Again, this is only to get you to a place to fix the engine, NOT for normal driving around at all. You should trailor it, but if you have to drive it then go slow. You just don't want that rod knock to break the connecting rod and then put a hole in the side of the block. Worse case with good block is new crank, rods and pistons, but many times and machine shop can just grind the crank and save that. It will probably have to be bored out so new pistons and rings, but even the connecting rod can be saved if it hasn't turned blue do to heat.
It is all worth it if the rest of the car is in pretty good shape. The engine should last a very long time after rebuild if the water and oil are kept up with.
Let us know how it goes.
Russ
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