See? Not as bad as you first thought, but the metal worries me a little. I guess I'd still lift it out, remove the pan, and clean everything to get the flakes out. I'd also check the front rod bearing and #1 main bearing to see how everything looks. If it's alright I'd bolt it together and finish the season. It probably wouldn't be a bad idea to doi a cylinder leakage test while it's on the stand after reassembly.
Let me know if I can be of any help. Dave