AnyOne Got a Sludge Hammer!!!!!
Reply #3 –
What's the rest of the car like? If it's in clean, very little, or no rust, never wrecked and the like...and you have some attachment to it...then I'd suggest getting rid of the V6, and drop a 302 in it.
Of course, this is some work to do right, but for someone with mechanical aptitude and time, it's about as easy as eating a cheeseburger.
I'm not telling you that you SHOULD drop in a v8, just suggesting that if it's A: not your daily car, and B: not a clapped out wreck/rustbucket, then it may be a viable option against keeping the problematic 3.8.
One other thing...if the heads were very badly warped, no amount of machining will allow them to be reliable AND leak free, both.