Hi Al,
Did my engine, transmission & adjacent cast iron close to 20 years ago, (but out of the car), so this information may not directly apply to your situation -- absolutely no rust anywhere.
Just hope this helps someone interested in doing this "once" in their lifetime.
FWIW:
Appears about 90% of the time consuming work for painting engines, transmissions, clutch housings, etc., etc. involves surface preparation & maybe 10% of the time involves applying coatings.
1. Removed old paint with paint remover -- several coats.
2. Scraped off old hardened grease & cleaned porous cast iron about 3 times with water based POR 15 Marine Clean.
3. Rinsed off with clear water per POR directions & treated surfaces with POR 15 Prep & Ready.
4. Rinsed off with clear water per directions & provided 2 coats of Silver POR 15 to seal cast iron pores. **
5. Roughened previous POR 15 surfaces per POR 15 directions with a "Brillo" pad & provided 2 coats of POR 15 Ford Green Engine Enamel.
** NOTE: POR 15 recommends that their engine enamel can be provided directly on cast iron, but in "not" following their advice, I provided 2 coats of their POR 15 product first -- buying engine enamel once in 20 years & probably in many more years does not help POR 15's engine enamel sales.