Blew a rod, Have some questions.. Options

[Pfloyd09]

So I'm buying a '94 GT hatchback with a blown motor. Apparently the rod blew through the bottom, and out the oil pan. I'm a computer guy, not much of a mechanic (right now), but have always wanted to tear an engine down and rebuild it. I have the room for the job and can take all the time I need to do it, as this is just a side-project for me. Good times!!

So my questions are:

- When a rod leaves the engine unexpectedly out the bottom, does it generally destroy anything along the way that would completely ruin the block?
- What would I need to look for?
- What would you guys do?

I got this car for almost nothing, and would like to get this on the road for under $1k. I plan to do all the labor myself, and hoping I don't destroy it. The guy who owns it said he was driving it on the interstate and it suddenly started sounding weird, make a big noise, then stopped running. Said there was no knocking or anything prior to this happening. It's not seized, as it still turns over.

I plan to buy OEM parts for the rebuild kit, and will take the head out for machine work. What else should I consider?

Any thoughts, guidance, advice, would be appreciated!

[Smaay]

typically the cylinder is destroyed so most cases the block is scrap, however it might be able to be sleeved and saved. the crankshaft might be ok, you have to take it apart to be sure.

The head is probably ok.