remanufactured engine?

[3speeds3]

My 66 convertible is burning about one quart over 200 miles.
lots of blue smoke on cold start up. Mechanic says a valve is leaking, maybe.
Runs well except at a stop, (at idle runs a bit rough, smooth if in neutral) Ok, do I do a valve job and keep the original engine or a complete
engine rebuild or swap for a bullet proof remanufactured engine?
Let's assume money is no object, and I don't care about "numbers matching" concours. I want an engine I can depend on for thousands of miles. And I do not want a high horsepower crate motor, just the original hp and torque, my car is a "driver", a weekend cruiser. I just want to be able to do a thousand miles with no worries.
What would you do???
Thanks!

[sseebart]

If the bottom end is good, relatively low miles and good compression, I'd get a quality rebuilder to re-do the heads and reinstall them.

If the bottom end is marginal and money is no object, well, I would be tempted to upgrade to a 428.

~Steve

[3speeds3]

Good thoughts, so my mechanic suggests a "leak down" test to determine if it's valves or rings. Makes sense to me. we' 'll see

[Harley Eaton]

I don't think the valves would be leaking. I would suspect the valve seals.