it just has a dummy oil light. it goes out after about 3 cranks of the starter and never comes back on. I was sort of hesitant to put a lot of money into the tractor as I didn't know a lot about it. I had no history on what had happened or if the injection pump was good ect. ect. I sort of rolled the dice and bought bearings gaskets and pistons, touched up the valves and put it all together. I have a bunch of pull start 10hp air cooled diesels I got sort of carried away and bought on sale. I was pretty tempted to try to mount one of them in it. It would be hard to do because the tiny little tractor is built like a real tractor with bellhousing clutch and transmission. not just a cheesy little v belt driven transmission. Back to the rod question I guess I am just wondering if it will be the difference between a 10,000 hour engine and a 2,500 hour engine or if it will be fairly rapid failure with a rod through the block. I guess time will tell......