I have to agree with Neil on this one. It is always more cost effective to rebuild an engine then to replace it, as long as the block & head are still good. The A4 gas model, although dated was a venerable, strong, & dependable motor when well maintained.
Although here is a question to Inception: you did not state whether your Universal engine was a diesel or reg. gas model? All of the engines still state they are "Atomic" in that era, the difference is whather it is a Universal Atomic A4 or 5411. By 1982 timeframe most C 30's were being ordered with the 5411 2 cylinder diesel engine. Although it has half the horse power rating of the A4, it was a very tough lil' engine. Mine is still going strong, knock on teak. There are still many rebuild parts available for both engines. Neil makes many good points for keeping the original, cost being the biggest benefit!