Follow up:
We had a cracked head within the cylinder. A buddy of mine was kind enough to rebuild the engine while I was on travel out of the country--good friend to have. No issues pulling the engine out of the compartment using the main halyard--no access cuts required. Re-installed the engine upon return from overseas and got the engine re-installed in just a couple of hours. All-in-all, not too bad (especially when my buddy did all the hard work while I was gone). We spent $1,500 on replacement parts and I slipped my buddy a boat buck and a 12-pack. Engine is running smooth, and she's ready to hit the racecourse again.
At the end of the day, I came out pretty lucky with only $2,500 out laid and a quick repair timeline with my buddy doing the work. My alternate plan was to just buy a replacement rebuild and swap out the engines; I think that would have ran me about $5k doing the work myself. Having it done out in town would have been much more expensive, and probably not complete for a couple more months.
Cheers,
Ryan
Defender #77