Hello trail welcome to YT! So the 560 is something you
see for sale? If so I would not recommend purchasing it
based on the fact that you have an M engine to use in
it. The M is a 4 cylinder engine and the 560 is a 6
cylinder. There would be a fair bit of modifications to
make the M engine fit.
 
560 rated at 1800 rpm engine speed. M rated at 1450 rpm engine speed. You would not have a usable power shaft for most pto driven equipment besides reduction of power
from original 560 engine.
 
The rear ends on the 560 have not been an issue for 50+ years and the ones that did have issues were fixed then - and if they weren't I doubt they will be after 50+ years of use.
 
I think these two issues would be the biggest problems you will have as there really isn't a way around them. Upping the RPMs on the M engine is possible but you have a cobbled up tractor already and gained nothing for the effort except the experience. There are a lot of old 263 engines out there in running condition or that could be running with a little effort.
 
(quoted from post at 11:14:35 11/06/22) 560 rated at 1800 rpm engine speed. M rated at 1450 rpm engine speed. You would not have a usable power shaft for most pto driven equipment besides reduction of power
from original 560 engine.

RPM is an easy fix with a pulling governor.

PTO is an easy fix using a 400 or 450 flywheel clutch and pressure plate.

An M engine built with overbore pistons and for high compression can give a 263 a run for its money. Most Ms have been overhauled with the 4" overbore kit which gives them 264ci.
 
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