Just my 2 cents double check that oil pressure. Sending unit could be going bad.
Yea, I'm with the Grumpy Dude. I know too many people with 250-400,000 miles on their machines. Unless of course you bought it from a teenager that beat the krap out of it and never changed the oil.
My mechanics' shop just got done with a job; 260k on a 2.5L in a '97 TJ. He got a low-milage 4.0 out of a wreck, got the 'rotating assembly' for a 4.6 Stroker off of ebay and rebuilt the engine. He told me that was the way I should go if I ever start considering remotoring my TJ.
295 horse and 300ft/lbs of torque you're not going to get out of a 2.5, no matter whose name is on it.
Except for some stoopid stuff like fan shrouds and stuff, it was basically bolt-together.
Hunter
PS At speed my 110k 2.5L has 45 lbs at the guage and 44-45 lbs at each cylinder.