Yes it does run. What you have pointed out is a hose coming out of the fuel pressure regulator that was going back to the return for the tank. That has been plugged off with a 14mm bolt. Thats what you see. I didn't have the right 3/8 plug to go screwed in at the time. Now I do, so it doesn't look all that ghetto anymore.

Too much time and hastle to put the 4g64 back in it. All fuel injected wires are all cut. Strictly carb now.