I'm New to the whole Honda world and looking for suggestions:

ok guys, as it says in the title, I have an 88 dx sedan 5 speed that I picked up and started working on with intentions on making it a dd. Well when I got the car it was blowing white smoke out of the tail pipe so I pulled the head to replace the head gasket and found that the motor had not been taken care of very well. The cam bearings were completely gone and the cam was ground down so much it was almost broke in half. As a result of that, thae cam ate into the head as well. Then I discovered that it had jumped time by two teeth on the timing belt and I have no idea how long it was drivin like that. That being said, would you guys reccomend rebuilding this motor or just swapping in another? I know that I will at least have to have another head and cam and as I said this motor doesnt look like it was taken care of.

I'm not looking for a race car or anything, just a reliable car to commute to and from work. And as with most, I am looking for the most cost effective route. Thanks for any and all help.