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Well I have it home now. It looks new, has a K cast on both housings and kkk on the diaphram so I'm going to run it. My stock turbo has 167K on it and still works.
just replaced mine with a k04 and made a turbo vacuum cleaner with the k03....the exhaust part of my k03 was cracked in 3 places, but the fins on both sides were perfect and no shaft play as well.