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It is a non interferance engine [Pistons have valve cut-outs], so you shouldn't have ANY damage what-so-ever, unless you have been un-lucky or had work such as cams / head skim etc...
I.E a new belt should solve it. [BTW: I work on JDM and UK spec engines, so this may not apply across the pond]
If you want another engine go Third Gen 3SGTE or 3VZ-FE and turbo later. These are by far the two best options. Both require a small amount of wiring, but it's not impossible.
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