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@Chopsicle
woof! Looks fun :) Without knowing what the prognosis was from the service centre*, I'd say take a look online for tutorials, common faults/parts that wear. There's a tonne of youtube stuff on timing, and servicing, and it's always interesting to learn about how a machine works - and 'thinks'! - if you have the time.
Could be that the professional time it takes to get tip top (ie 4hrs @£50ph or similar) plus parts means it's not worth it on paper - ?
*if it's belching smoke and swarf, perhaps it's time is up.