Do I have a big problem??

[RPM427]

I am in the process of getting my 89 GT ready for its new owner. I am attending school full time at UHA in CT, so I am only able to work on it every other weekend or so.

Last month it blew the intake gasket at the water passage. While it was sitting, the crankcase filled up with water. I replaced the gaskets and drained the crankcase completley. I put some new oil in the lifter valley to prelube the lifters, since that is where the water was gathering and then draining back to the crankcase. I also had water in the cylinders becuase I kept adding water until the rad was full, which meant the crankcase was full of water up to the cooling passage. Do you think the water washed the oil form the bearings? should I take the valve covers off and prelube the rocker arms? Do I have a big problem, or can i just fill it with oil and not worry about it?