[rx4ur7]

What part of the country are you in? I build those things also. But with over 200k like I said you will be lucky to get an eccentric shaft out of it. Especially turbo motors. Out here they are near replacement spec at 120K. That is why I recommend new housings after 100. I do not think it is worth all the time and $$$ for something that is going to start loosing power driving out the door. Unless you just want to get it running to sell. There are a few places you can buy 1200 rebuilds but that is what they are. If you have priced the parts you know that nothing much has been replaced. Anyone can throw one of these together and make it run, for a short time. Any reputable builder is going to be up there in price. I think just about everyone on any forum will tell you, "you get what you pay for."
Apex seal lands are probably spladed and out of specifications. Rotors will not be usable unless you spend the bucks to have them oversized to 3mm.
Count on all 5 housings. All seals, two rotors or modification. (At least you should be able to find a couple of decent used rotors), oil pump, chain.
Front cover, oil pan, flywheel, front shaft bits and hardware will be the only things that will be salvaged.
If you want something to last and be reliable, bite the bullet call Ray and get all new housings and seals from Malloy.
That is how I am doing new builds now. Because the markup is not really great I give the client a list and have them buy all the big ticket items if not all the parts. That way I do not have to deal with the paper work, charge and then pay sales tax. Makes it easier to go for some port and intake modifications also.