More details on the damage
Talked to the service manager at Porsche today - engine running on 4.5 cylinders, spitting oil everywhere, block is black instead of metal-colored, and cranks slowly (as though a low battery, even though it's OK). In other words, the engine is toast. The service manager believes a new engine is the only solution, so it sounds like I'll come out of this OK.
Thanks to everyone for your comments.
Buckstr
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