Pending the condition of the timing cover gaskets that may very well be a viable option. Thought I read Ford recommending on the oil pan to go all the way around the oil pan but not circle the bolts. http://www.v8sho.com/SHO/oilpan.html Don't remember if this link is Ford's recommendation. There was no oil pan gasket on mine when I took it down. Someone attempted this before me and didn't go after the timing cover that I can see. Also haven't taken it off yet so that as well may be RTV. Definitely leaking. I hope the gaskets that sit in the crevices along the edges are reusable and I didn't know you could reuse them. Found the timing cover gasket for the crank but no luck on the thin ones that go in the recessed edges. Still very good information! Thank you for it!