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when it fails does the motor become basically unusable? ie. Blown?.....when mine went out tonight there was oil all over the place under the car.....car seemed to run normal though.....
as long as there was no dammage to the timing and there was no contact just rebuild the motor and get on with it. should be fine. the blance shaft isn't nessicary. it does help thought and i wouldn't drive without one.
you most likley had the balance shaft seal pop out due to there being no retainer from the factory and the previous owner not having the recall performed.