Happened to me on the way to work this morning. Was driving under the toll gate bridge in Durbs and next thing I hear what sounds like someone cutting metal on a lathe coming from the engine and the oil light came on as well. I pulled over immediately and popped the hood and there was smoke coming out of the radiator, smelled like burning oil. Anyway I've had the car towed to a friends garage, they seem to think its a crankshaft bearing but can't say for sure. If so, is it even worthwhile repairing or should I just scrap this car?