Wow! That is about the only Ford engine (all types btw) I've ever seen with such a bad shift.
First gen. SBC's often had similar shifts, some not so bad and some equally as bad as yours. In fact, eyeballing any old block for lifter bore shift is commonly mentioned in hi-po SBC books, media, etc. as something to avoid when block shopping. That and visually looking for cam bore tunnel shift, another 'marker' for a block to avoid.