I just picked up a 2000 Cherokee in great condition with only 77,000 miles on the clock! It's black, my color, and in excellent condition. It has a cracked head, imagine that, and I found a ton of water in the oil. Here's my question.......is the engine worth rebuilding (new bearings?) or will the water damage be too severe that it will need replaced. I've never dealt with an engine before that had water in the oil so I don't know what I'm in for. Looking for opinions here........Thanks guys (and gals ;-) )