I think my Vega with the original 140 gets more attention that those with the V8. It is possible to rebuild the 140, but from the condition of the main bearings, I am sure your cylinders are rough and it will need to be sleeved. You can still buy sleeves and pistons to do this but the machining to install the sleeves can be pricey. A machine shop in my area wants to charge $200 a sleeve. I was lucky enough I had to do a business trip to the Washington D.C. area and found a shop that charged $50 a sleeve so I took the block with me and had it done up there. Main bearings are always available on ebay. Gasket sets are a bit hard to find, but they pop up on ebay once every couple months for a reasonable price.
Another solution if you are patient and can travel a bit is that 140 engines pop up all the time on craigslist. I got two with transmissions for free. One was in good shape and runs great, but the other was rough and had a cracked block.
I am getting ready to do a rebuild project on a 140 and post videos on youtube. I am hoping to spur some interest in people restoring these to original rather than molesting them with a V8.
Realistically, putting another engine in it will probably be cheaper and less of a hassle.
Ken