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Sump off sorry to say ,could be gudgeon pin to piston or con rod to crank.
pull the oil filter off to see what bits are in it, Then pull the sump off , then split con rod to see if the crank is...

Sounds more like the little end, if it'll move that much, but definitely needs stripping down for further inspection. :(

TBH I don't think it was that bad, but it did sound pretty terminal.

It's worth considering.

I alluded to this in my reply to you on T5D5, but my car sounded terrible when the vvt hub failed.

Pop off the plastic cover over the cambelt and look at the pulleys with the engine running. They...

The rods are forged and I've never heard of them bending.
As Harvey says, drop the sump off and look! Don't base your decision on 'I think a rod has bent'...
You've got nothing to loose by...

The conrods were forged on the S60R engine and as above I've not heard of one bending....is it misfiring or any drop in performance?

It really all depends on your pockets

I can let you know about all 3.

Kkk24 new approx £800

A company a friend uses £250 to rebuild most turbos (performance)

Owens development 19t £1000...

Well said mate, he they guy just wants a fast car go buy a scooby doo or a saxo vts lol, as its wrong to buy and 'R' if you buying it for 'just a fast car' its so much more its not all about the 'R's...

fully synthetic 5w40, the best brand you can afford

My view - on a Skyline, possibly. On a Volvo... out of place. Not sure you'll get any gains either!