Was it low on power before you started working on it? Are you sure the engine is in time? How about the distributor timing?
So there is no cel currently? Could it be something like a clogged cat?
What makes you think the engine needs rebuilt? What's the compression? Oil consumption? Any noises? How many miles? 121k? Iirc
Rebuilding that 3.0 would be pretty time consuming. Make sure that something else isn't causing the low power issue first.
That engine should last 200k no problem. If it does need a motor, I would be very tempted to get a used one and install it as-is. Usually you can find cheap 3.0's and parts-cars with lowish miles with bad transmissions.
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