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I have to give props to you Jake for not going down the road so many people ask you to go. Of the two sides of this issue to be on, helping owners get through the problem of the IMS failure or repair/upgrading before a failure is far better then being on the side of throwing rocks at Porsche for this issue. Taking the high road leaves you out of the fray and preserves your business to do what you do best.
To the OP, you may find that if you are not willing to invest in rebuilding/replacing your motor that parting out the car might be a more lucrative deal in the end for you. Time consuming yes, but based on what you paid you might be able to recoup your purchase price. On the other hand...if you got the car for a great price a replacement motor could leave you in a great car in "near to new" condition. It all depends on why you have the car (daily driver or fun fill in the blank days car).
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When life throws you curves, aim for the apex...
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