So… uh… BANG.
Wasnt the engine in the end though. Ended up being the flywheel. Got the engine out and the clutch off and it looked like this:
[IMG]http://gallery2.plebeians.net/d/31095-1/IMG_1258.jpg[/IMG]
[IMG]http://gallery2.plebeians.net/d/31097-1/IMG_1259.jpg[/IMG]
Closer inspection
[IMG]http://gallery2.plebeians.net/d/31101-1/IMG_1261.jpg[/IMG]
[IMG]http://gallery2.plebeians.net/d/31103-1/IMG_1262.jpg[/IMG]
[IMG]http://gallery2.plebeians.net/d/31105-1/IMG_1263.jpg[/IMG]
And off
Did some damage to the bellhousing too:
[IMG]http://gallery2.plebeians.net/d/31099-1/IMG_1260.jpg[/IMG]
Currently my plan is to get the head off and see if there is any damage in the engine, but i suspect not. Feels ok when turning over by hand. If no damage then ill pop the head onto another spare short bottom end and race that (with a limited rev range) next weekend before rebuilding over the summer.
More pictures to come from Mallala, and the week leading up to it.

