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Ulrich,
Oil pressure and consumption are not the only indicators of engine condition.
On a pre purchase be sure the compression is OK.  Jerk the prop for and aft,
if any play is felt check the end play clearance (.0025" max).  Check engine
AD's and accessories for AD notes (mags, carb, starter, etc. may not be
listed under engine - check by manufacturer).  New exhaust systems could
cost as much as $1200 -$1500.  Is the 1800 hrs. time since new, FREM or
shade tree?  This engine could be extremely expensive to overhaul depending
on the ans. to last questions.  Too many variables to consider the remaining
time, so you might be wise to consider it used up. Then, depending on the
previous answers, you should be able to get an idea of overhaul cost.  To be
sure, this is not a simple question of yes or no.  Decisions, decisions, -
airplane owners and future owners are privileged to make many decisions
that could have a major financial and safety impact.  Recommended times
are just that and you should have no problems with the Feds or insurance
unless something breaks and a crash results.
John
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