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Definitely keep it.
You have the best version of the PD engine with Bosch solenoid controlled unit injectors. The efficiency x reliability quotient (there's a concept...) of this engine cannot be matched by any of the later offerings from VAG and quite probably not from anyone else either.
The 130 PS version of this engine is nicer, but presumably the one you have does the required job.
The autobox is the ethnic character in the wood pile. These cannot match the reliabilty of a manual box but presumably you bought one because you wanted it. I would suggest fluid and filter changes (oil pan has to come off) as recommended by a knowledgeable specialist. Use the correct OE fluid, but take the advice of someone you trust.
The pinch bolts are definitely worth keeping free, but on an '04 you might be a bit late now, unless the car has seen no road or sea salt. Much better to get them out though, as procrastination makes the job 10x harder.
As you have discovered, water ingress is the enemy of the B5.5. If a car has ever been wet inside, you face the possibility of corroded connectors and joints in the loom on the floor even after the original problem has been "fixed". Be very aware that on an auto car, the transmission controller is also thoughtfully positioned on the floor. So, be prepared for the odd long-term electrical "event".
The EGR system on the auto cars is water cooled as I remember and is prone to leaks. Not earth shattering, but if it loses coolant and steams from the exhaust, don't rush into a head gasket replacement...
659.
An '04 will definitely be a PD engine with solenoid controlled injectors.
Edited by 659FBE on 17/03/2011 at 14:50
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