Since I posted this originally I now have some new information, some of it troubling. Did you ever have a friend ask you for advice and then do the exact opposite of what you tell him? Or worse yet, let his wife take over the situation in order to expedite things?
So I now find out that this situation began 3 months ago!
The problem happens, he takes the bike to the closest dealer on recommendation of another friend. Dealer shop opens up the right side of motor(charges 2 hours labor) to diagnose "cam bearing failure". He may have misspoke to me originally regarding "short block", but they wanted $5k to fix the bike. I have to assume now that meant equal 88" crate motor from HD, labor and tax out the door.
I think what happened was, they pissed him off by offering him $3k for his bike towards a new one!
He pulled the bike out of there and took it to an indy shop that quoted him $3k out the door to fix his broken motor.
He gives the guy a grand in cash(hope he got a receipt)
to get the ball rolling. At some point this shop tells him the job is going to be more like $7k to rebuild the motor! Now he was very specific, he only wants stock performance, nothing fancy.
He calls me at this point and "I don't know nuthin' about nuthin'" I tell him, but if its me I put an S&S crate motor in the bike and be waaay ahead of the game for less money.
Before I can relay the well respected advice of all of you great people here, his wife takes control of the situation and takes the bike back to the original purchasing dealer where they bought it used with maybe 8k miles. They quoted $3,500.00 for the HD crate motor. She orders the crate motor.
With that I ask "Why In The F didn't you do that in the first place?".
I am out of it now. Many thanks to all that have chimed in. It is appreciated more than you know !