Does it get hot enough for you to want a/c in the summer? Where I am it is definitely too hot to go withought it. We need a/c practically year round down here. If you don't need it, toss it. If you will want it later then bypass it until you want/can fix it. The bypass is easy, you'll need to measure out the right length belt and get a ribbed idler pulley from a 2000 GT to put in place of your smooth idler.
Rebuild in the works. New crank, 2013 Boss rods, srp .020 over flat top pistons with valve reliefs, 12:1 compression, ported pi heads, comp xe278ah cams.