But if it does need a new engine....
Probably fine, but you won't know until you look into it. Most limp mode / engine de-rate type deals are designed to keep catastrophic damage from happening, so I'd lean towards fixing the leak and running it.
Sounds like failed water pump, low coolant, overheating situation. Swap the pump do a coolant system pressure test and be back on the road in 2hrs.
Build a fireThis is the passenger side hose. I could see it spraying down. Will not get to it until later. Still trying to get heat in the church building.

So you doing the axle build and engine swap this week?
Too much clutch pedal?Not right now.
In a recliner with and ice pack wrapped around my ankle.