I'm thinking that Ford blocks become labelled 'junk', because there are so many, and relatively easy to find another. Like tubman above, one of the fellows in our local Ford regional group has something a little out of the 'ordinary', a very early Pontiac. Ever try to find an early Pontiac engine? So, for one of those 'rail' cracks, down the length of a very long block, he did a weld repair. It's been several years, and entirely successful. (He works at a place where he has access to a large furnace - the block was in there for over a week, and after the repair, the block was left in there to cool with the furnace - it took days, just to cool.)
Nothing 'special' about a Ford block - it CAN be repaired - either home-brew, or by a pro - just takes a little knowledge and care. JMO