Here's the basics on how to use a C-clamp type valvespring compressor when you have the head off of the car, and $200 Miller Tool for when the head is still on the car.
Not much here for details, but the pictures speak for themselves.
Most valvespring compressors simply don't fit DSM heads worth a damn. If you have the head off of your car during an engine rebuild, and want to send it to a shop for work, and have access to a welder, you can build this valvespring compressor and save some money. I had some sockets laying around, so my total outlay for the tool was $25 for the compressor and $10 to weld it. The first time I used it, it paid for itself in saved labor costs, and every time I use it now, it saves me more.
THAT'S IT! To use it, push the pusher pin all the way out to give the jaws the widest gap, then use the spring-loaded release on the compressor to open the jaws fully. Slip the sockets of the jaw over the edge of the head onto the valve retainer, then push the pusher pin up against the valve face and tighen its' lock screw down. Then compress the compressor, and remove the valve keepers (the little wedges), release the compressor, and remove the retainer, spring, spring seat, and valve. Reverse to reinstall the valves.
The Miller Tool (http://www.spxmiller.com/) Valvespring Compressor (part # MLR-MD998772A) is a bit expensive at $190, but if a Regional club pools money together, it doesn't hurt the wallet too much. I personally bought one and will be renting it out to locals to pay back some of the cost. This tool will work on all MMC engines along with 3.0L, 3.3L, 3.5L, 3.8L, 5.2L, & 8.0 Liter Chrysler engines, 1992 thru Current, so you can rent it out to people outside of your club.
NOTE: in order to use this tool on the car, you need to remove the timing belt. Once you have the timing belt off the car and the cams and sparkplugs removed (or loose in their bores), you can turn the engine over to compress the rope/hose in each cylinder without having to worry about valve damage. Once you've replaced all the valvestem seals and removed the tool, continue with replacing the timing belt, but make sure you have the cams installed with the dowel pins straight up before lining all the other timing belt marks up and installing the timing belt.
This VFAQ starts with the cams and rocker arms already removed - if you don't know how to remove them, check the Shop Manual. Make sure you stuff rags in any open hole in the head before working on it, you don't want to drop a bolt, tool, or valvetrain piece down into the engine, or you'll be pulling the oilpan to retrieve it.
THAT'S IT! Once you have replaced all the valvestem seals and reassembled all the valves, remove the tool, place the cams in their bores, fingertighten the cam bearing caps in place, place the rockers between the valves and cams, tap the cam bearing caps down as tightly as you can, snug the caps down, then torque them to the value in the Shop Manual in the order noted. Then make sure the dowel pins on the camshaft sprockets are facing straight up, align the other timing belt marks, and reinstall the timing belt.
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