I have had a few 6-354 Perkins diesels and the key spots to check on them are the exhaust manifold , the rotary injection pump and the injectors. Other than that is they have good compression and show no heavy smoke/soot they should be goods to go. In Perkins engines they make a right and left hand rotation - do you have one of each or do the transmissions reverse one engine. The reveres rotation engine should be denoted with a "U" in the serial number("4-154U").
Hope this help;s
Hope this help;s