It is not hard to change the studs. Pull off the Valve Cover. To do this, you will need to take off the air intake elbow.
You will need to disassemble the Valve Train for this. All you need is 10mm socket. There is 1 bolt in the middle of each rocker that needs to be taken out. Once the bolt is removed, lift up the rocker arm, being careful not to drop any parts. It will be a little stuck on the pushrod (just an FYI). Disassemble all 6 sets at once. I put the parts in the valve cover, so I can remember which ones went where (don't mix up these parts).
Once this is done, you can start to replace the bolts with studs.
Do them 1 at a time. Start in the center and work in a clock wise motion outwards. You will have longer and shorter studs. The longer studs go down the left (exhaust) side.
Once you pull out the bolt, use Q-Tips to get all the crap out of the holes.
Install the stud, and tighten them until they bottom out. Then Back Them OUT 1/4 to 1/2 of a turn. You should not need to install any lube on the studs when you run them in. Some people do, some do not. Personally, I never do when installing the stud.
Once the stud is installed, use a Moly Lube and apply it liberally to the washer and nut. I also do the threads on the top of the stud. You will need to torque it down in steps. Typically, I start at 20ft/lbs, and work my way up to 80ft/lbs in 20lb increments. Then I go up to 90, 100, 110, 115, 120. Torque the studs slowly, and give them some time between torques, allowing the metal to relax.
Repeat this for each stud, working your way around the head. Once all studs have been installed, ensure that they are all torqued evenly, by re-torquing again.
Re-assemble the valve train (torque rocker bolts to 20ft/lbs), start the engine, and let it come up to temperature. Do not drive it yet. Once it has come up to temperature, shut it off, and let it cool off entirely. This will take about 3 hours to cool back off.
Re-torque the studs again (you will have to break down the valve train again). When you re-torque, loosen the nut on the stud 1/2 of a turn, and re-torque.
You should re-torque it 3 more times over the next month. Only torque the studs when the engine is cool. Back the studs off 1/2 of a turn, then re-torque. Do not use your torque wrench to loosen the studs. I keep increasing the final torque on the studs by 5 ft/lbs each time. The ARP studs are good to 180, at which point, they will pull the threads out of the block. I have mine up to 135 ft/lbs right now.
Properly torquing the studs is the secret to not leaking. Most people do not torque head bolts or studs correctly, resulting in poor quality or leaks. If you take you time, it will not leak.
BTW, the 5 speed is an easy change. You should do a 6-speed. This is me sitting on mine in my garage.
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