OutdoorKing Repair Forum Forums Repairs and Maintenance Questions on Engines Questions On Briggs & Stratton Engines Is this Briggs too far gone?

Picked this briggs up as a freebie. Apparently it was taken off a rotary-hoe.
Guy said they tried fixing it, had no luck but said it was working recently and is probably only good for parts now.






Luckily for me someone had drained the oil and fuel and the pull rope is broken so I couldn't start it. After I washed it down, I noticed all the mud stuck to the block, which I first thought was rust.




Took the cowling off and bingo, one of the coil mounting points had broken off and they tried using JB weld? to repair it. Feels quite solid, but how the hell did that happen in the first place?. I'm guessing that the air gap is way out of spec now. So, is this engine salvagable? I think it may be a 3.5hp, with a points and condenser and a 3/4" shaft (keyway in really good shape).