My car has been off the road for a while for a few reasons... mostly because college expenses have been keeping my checkbook pretty light, and the last thing I needed was another vehicle on my insurance policy. Since I've finished school for the summer and have been working some overtime to get some money saved up, I've been really wanting to get it back on the road. One of the things I've been wanting to do before putting it back on the road is to change the intake gaskets because coolant has been finding it's way out near the rubber gasket on the front of the block. Today I finally got around to pulling the intake, it came off very easily, but what I found was a little disturbing... "sludge" built up on the inside of the block. It's a flakey, greasy consistency. see pictures:
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I know I have to clean it out, but I don't want to get any on the cam, etc. Seeing this kinda makes me want to just pull the engine and completely tear it down, as that stuff could be everywhere (could it?) Although I notice it's concentrated in the middle, where the exhaust passes through. I'm thinking oil just built up there because of high heat in those spots, this engine did get a little too hot a couple times over the years, so when I put it back together I'm going to change to a better fan setup. (current shroudless clutch fan doesn't do the job at idle) and I'll probably go to a 180* T-stat instead of 195* Can't hurt I guess.
I suppose I could block off the passages that go down to the bottom end and just shop vac / wipe it out, but still... I've opened up a few engines and never seen anything that nasty, but I'm not a professional by any stretch of the word, so I figured I'd get some more opinions.
Also... The intake gasket that was in there was the "turkey tray" type. (probably the original

) I know the purpose of this is to keep oil off of the intake, but I also know some people use them and some don't. I suppose there would be oil built up like crazy on the bottom of the intake if the tray wasn't there. I actually bought new gaskets that are the separate, non turkey tray type, but I'd like to hear some pros/cons of using one type or the other before I go ahead and put it back together. Other engines I've taken apart and put back together (quite successfully I might add

) like my ol' jeep (225 V6) and the boat (454) didn't have a turkey tray, but every application is different, and I don't think either of those engines came with that originally.
In summary, is that buildup a very bad sign or is it common, considering it's age (32 years), mileage (75K) and the conditions I’ve described. Also, should I use a “turkey trayâ€