I put a 2" fan spacer on a 400 small block in the '77 GMC K2500 I had,the truck had a 3" body lift and the fan shroud was cut away to compensate,and I had overheating issues--I figured the fan needed to be closer to the radiator and deeper in the shroud ,so I added the spacer,using longer bolts..
Well,it was OK until one day we had a deep snowfall,and while I was plowing my driveway,I had to batter-ram the snow to get it to move,and I ended up going over center on a snow bank,and I tried rocking the truck from forward to reverse to get it un-stuck..
I red-lined the engine a few times,and then I heard a loud "BANG",and saw steam,so I shut it down..
I thought it threw a rod!..
Turned out the water pump impeller shaft sheared off flush with the casting,and the fan & clutch spun off at high RPMs and scarred the radiator up,and chopped the upper hose off at the inlet fitting on the radiator,it mashed the fitting almost shut..

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I had the fan clutch "locked" to get maximum air flow to prevent overheating when I had the plow on the truck--that may have been the cause,the extra load may have been too much for the water pump shaft..(I had discovered the engine had no thermostat in it,and installing a 195 thermostat and locking the fan clutch ended the overheating issues)..
When I put a rebuilt water pump on it I decided to leave the spacer out,and ran it with the fan clutch bolted directly to the pump...the engine never overheated with the plow on as long as the clutch was locked in the "on" position,despite it not being in the shroud hardly at all..
I don't think I'd trust a spacer with a fan clutch after that experience..
I was lucky I was able to solder the radiator hose inlet back in after forcing it round again,and it only cost me an upper hose,water pump,and two new v belts to get it running again..(it also put the truck out of commission,with the driveway only plowed about 3/4 of the way to the street,with a huge mound at the street left by the DPW plows..
I had my father's Dodge Airies nearly airborne to crash thru that snow bank,to get to a parts store to buy the parts to fix the truck,I had to back up ,get running start,pray no cars were coming,and floor it and hang on..then make a 90 degree tight turn to get on the street!..
Had to shovel a path wide enough to fit the car thru when I got home..and had to use a winch and 50 feet of chain to drag my truck out of the snowbank..real sucky day..took all day to get the truck to the garage..
