Put this in OT, but trust the answers from here a bit more. $\:o$

Well the curse of the Si finally bit. Bout a month before, probably the fools on a training cruise, they broke the window at about 3:00am, but didn't get anything. I heard the alarm and was up and out there with my .45 pronto. Cops naturally don't see shit, even though it must have been a slow night. 3 cop cars and 1 CHP arrive to twiddle their thumbs.

Fast forward to December. Going to work one morning and the car was gone. Found not too far away.

Ends up only relatively trivial shit is taken. Gauge cluster (they left the EK9/Momo steering wheel. Jacked up the center console trying to get at the nav, but left the Eclipse AVN.

Ripped the alarm out (found it on the floor) and the ignition (the metal parts anyway) is snapped off and dangling by the wires.

Took the CTR valve cover and Mugen strut tower bar. The bent the shit out of my K&N FIPK heat shield and took the cone filter but left the tube and dented to shit heat shield (maybe they couldn't figure it was torqued to whatever was specified... I want to say 120lb/ft). They left the SSR Competitions (including full sized spare in the trunk) even though they pulled the locks out of the center console and left them on the passenger seat. Maybe they got scared or didn't have blocks.

Anyways, it had rained the night before and they left the hood up and it apparently rained in the engine all night

Fast forward to now. The insurance finally says that given the water in the engine they're going to total. $12,900. Not too shabby considering it's a 7 year old car with 120k miles (they couldn't tell how many cause the odometer is in the missing cluster). Or I can buy it back and still get $10,000 and change. Looks like Honda priced a whole new engine for $7500 and that's what tipped the insurance over the edge.

Part of me wants a new ride and $12k would make a nice downpayment. I'm leaning 335i coupe. Just got an offer accepted on a house, though, so I'd prefer not to finance anything at least until escrow closes if not for awhile after while I get used to a bigger payment. I am thinking it's not very likely I need an entire new engine... maybe a bottom end, if that. I'm thinking just drain the oil, fill it with some cheap oil, drain it again a few times to get all teh shit out then fire it up. If I blow, then I buy a new bottom end (always wanted a B18C5 shortblock assy) and rebuild it that way.

Hope to God none of the harnesses were torn where they tried to rip out the alarm. What's CSi OT's verdict? IS this repairable for relatively cheap (say under $5k)?