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Welcome to FTE. I guess it depends on what vehicle you are talking about, and what engine. Do you have water in the oil or oil in the water? Is it a diesel? If you have holes in the cylinders, I would do a rebuild. A diesel will cost a lot more than gas. Why do you think you have a cavitation problem?
You might want to post in the PSD forum. Those guys can tell you more about it, and how to tell for sure. There could be other reasons. Not everybody reads this forum. Good luck with it.
if its cavitation means you need a new/reman block and heads. truck still running good? have you had a oil anlasis done to comfirm what it is? could be a bad injector cup. you getting anything in the coolant? how many miles?
I am trying to think of what could put coolant into the oil and not the other way around and can only come up with a bad set of head gaskets in my mind.
You shoud get a used oil analysis done. That is the only sure fire way to determine if there is coolant in the oil. You may be pulling your hair for nothing.
Coolants in oil tend to make the oil a milky white sludge, not yellowish. Most oils come in different shades of "honey" straight from the bottle.
Coolant in your oil will often leave a creamy substance on the oil fill cap as well.