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I just recently purchased a 79 F-150 with a 351m. It has a knock at warm idle but not when cold. I am thinking that it will need rod bearings. Please point me in the right direction. Thanks!
Because the crank is iron and the rods are iron they would heat at approx. the same rate so if a rod bearing is bad it will probably knock both cold and warm. On the other hand, pistons are alum. and heat at a different speed and rate. Good possibility it's a wrist pin. It's a rebuild either way. Get a 400 crank and pistons and you will have a much torqueier(is that a word?) engine.
Best way I've found to pinpoint a knock in a specific cylinder is to "short out" each cylinder 1 at a time by pulling the plug wire while it's running. When you pull the wire on the cylinder that's giving you the problem the knocking should either quit or change significantly.
If it doesn't quit/change after you've tried all of the cylinders then it could be a main bearing or it's not in the bottom end at all.
My old 351M did that as well, when it warmed up it really rattled and finely through 2 connecting rods right through the oil pan and thrashed the block. So if you want to save the motor try not to run it too long like this. I think it would be a rod bearing myself.