Great! You can take the engine oil pan off and fix the coolant leak from the timing cover much easier. Just kidding! Hopefully none of that.
And BTW, it seems to have a bit of an oil leak; hopefully just valve covers and not the rear main. Or perhaps from that easy to pull oil pan gasket.
All very good points. I have to change the valve cover gaskets on my daughter's 2000 Monty 5.0L 2WD (approaching 250,000 miles) this spring. It's starting to mark its territory on my driveway. Not terrible yet, but it always leaves a nickle size spot wherever it's been parked. With all the miles on this truck I still believe it's the best running and driving of all the 5.0's we've owned. Hard to explain why, but seems to be smoother somehow. Maybe it's the lack of the towing package's HD springs.
In nearly 7 years of ownership and nearly 100,000 miles, it's been very reliable.
2 fuel pumps (first one was an Airtex)
New radiator
Fresh antifreeze (twice)
New A/C clutch
New belt tensioner and idler pulleys
2 new serpentine belts (ruined the first one w/belt dressing)
New front rotors, bearings & seals
3 sets of front brake pads
1 set of rear brake pads
Upper & lower ball joints
2 sets of front sway bar end-links
New bypass hose
2 bottles of K-Seal for timing cover leak (lost first one when bypass hose blew)
1 set of tires
New battery
1 EATC blend door actuator
1 used EATC control panel
7 oil changes to-date (Mobil 1 EP & high mileage oil filters)
3 air filters
2 fuel filters
Had to oil cam synchronizer once due to the 5.0L chirp
Many of these repairs were wear or normal maintenance items and all repairs were made by me. Can't complain and there's probably another 100k left in it.