I will add that this motor is an unknown quantity and yes maintenance has been severely lacking. It was not running when we got the car, I chucked some points into it and got it running for a few mins, and the smoke coming out was the first thing I noticed amongst alot of other things.
It will be getting a big freshen up before we start driving it!!!
I guess I just wanted to know if it was completely rooted before I go spending too much on new fluids, leads etc for it. This is a very budget build for my brother in law as he (and I it would seem) learns a bit more about cars.