Yeah the #4 Exhaust Lobe is about half gone and lifter cupped about 1/8"

All 15 other Lifters look fine.
Probably about 2 hours total run time.
Old Cam & New Hyd. Lifters, Cam Lube, Rotella-T
25 minutes at 2000+ rpms on first start
Crane double valve springs, #120 closed - ~315 open
Pushrod length looked good, pattern centered on valve stems.
Did change oil to 10w30 after break-in with EOS added to it.

Lookin' at a 95k '87 Wagoneer 360 today, $300

Posted some questions in Engines