I'm with Brent on this one. I think the pin shearing was the effects of another failure. I have beat the hell out of some FE's for 34 years now, built alot of decent stuff and my fair share of junk from old used parts and hammered the hell outta them. Sheared 2 pins. One swallowed a dumbbell solid lifter and hung the cam. That was a super low budget engine. Only time i ever seen the lifter bore completely break out. Second time was a dropped valve, completely dropped from the head, hung the engine up solid, factory rod looked like a horseshoe, trashed a A scratch block.
I will say though that even though i don't think the pin failed first, i have been dbl pinning my junk for many years now.