Only if it was bodged back together.
I've had 2. One needed doing when i brought it, so i got it cheap. Never had a problem after that. The other was fine in the time i had it and was sold to a mate of my dads, and AFAIK is still going know with the same head gasket. K-series are brilliant little engines, especially in MPi form. As long as they're looked after they're fine IME.