was considering the same set up in my 46 1/2t. just saw on the stovebolt engine company site the bolt in engine mount kit for $120. that should make things a little easier.
http://www.stoveboltengineco.com/acartpro/product.asp?productid=138however, there seems a need for quite a bit of consideration when going to the 292 for bellhousing, clutch, tranny and so on. see my thread in here
261 vs 292 lots of things to think about