She runs!
 

Well over the past 4 days I've been working on the engine. I changed that blown head gasket over (and the inlet manifold gasket as it was soon following), changed the oil, filter, spark plugs and cam belt. Turned the key for the first time today, and she fired up after only 10-12 Seconds of steady cranking! Not bad after sitting for 5 years and running on fuel with next to no octane!