Indeed, if you are going V8, go for the modern engine! This has been done numerous times already.
Try LS1tech.com, a very good forum specializing in these new LS engines, they have a section on mounting these engines in vehicles that never had them new, a lot of knowledge available. And a lot of sources for parts...
Once you have your computer reprogramed and your harness reworked, the electronics are not a problem at all, but it still scares a lot of "old-style rodders"!


'57 Chevy Suburban; '70 Chevy Impala.