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I'd rather spend the extra money in the rotating assembly than an aftermarket block. Blocks do occasionally break, but it's usually a failure in a rod or the crank that results in the breakage. I'd find a decent rebuilder 4 bolt 350 and check the bosses to make sure there's no excess core shift, then build from there. Around my area a good rebuildable 350 4 bolt short block will go for $150-$250, {bare blocks even cheaper) and the savings can go towards a forged crank and other things that can fail sooner than the block.
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