Thanks everyone for all the responses to my previous posting. Your thoughts, ideas and support were a big help.
I got a better look at the engine from underneath today and something that looks about the size of a lifter punched a hole in the block right next to the oil filter. Just as I thought anyway - toasted for sure.
I did some field work and might be able to get my hands on a 2005 f-150, 5.4 My new question is. - Will it just bolt right in and be pretty much a turnkey operation or do I need to do a lot of engine bolt on component swapping?
THANKS - RAP

 

What year is your truck? And what 5.4 do you have? Is it a 3 valve or not.