<VV> another "flywheel" question

[N2VZD at aol.com]

any "opinions" on running an engine on the stand without a flywheel?   such 
as a cut down bad torque converter . i was just thinking of using one i  have 
here just for running engines on the bench. the ring gear and mount side  are 
intact , just gutted it sometime ago looking for what failed inside. i know  
the engine would have rapid response etc , but would it damage anything running  
it like this long enough to adjust valves and carbs etc?  beats tossing  
another trophy out.
regards, tim colson
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