Though I failed to do this when I started my van up after sitting at least 2 years,I should have spun the engine over by hand first,to make sure no valves were stuck and rust hadn't built up in the cylinder walls..
Instead I just pulled the 12V wire off the HEI and spun it over until the oil light went off,then plugged it back in and it had to be cranked awhile to get fuel into the carb..by then it fired off without any clattering lifters or other "bad" noises..
If I had the cash I would have changed the oil & filter first too,but it looked OK on the stick,I'm sure some condensation had built up inside the engine though,so I let it run a good 20 minutes to burn off any water in the oil...
The only thing that seemed to have suffered from being idle so long was the carb,the accelerator pump didn't seem to be working so great,it has a nice flat spot on acceleration now,and idles kind of crappy.....my fault for not filling the carb with diesel or oil before letting it sit that long...

I just ran it out of gas instead,that probably left it wide open for water damage..
If an engine has sat a long time,its not a bad idea to pull the spark plugs and dump in some Marvel Mystery Oil or ATF and let it soak awhile before trying to fire it up..some engines I started at the junkyard that sat a long time,but were "known good" when we got them,had horrible knocks like a spun bearing when they first started--
One engine that had a top end knock ,we tore the head off to see what was "wrong",and it had nothing more than big chunks of carbon that broke off intake valve stems and the piston heads from sitting,that was being crushed up in the combustion chamber--after seeing that we tried pouring Marvel Oil into the carb and racing it up to blow out the carbon on other engines that started up OK,then became noisy like that,it silenced quite a few engines we probably would have assumed were junk otherwise..figured we didn't have much to lose!...