I have a 1953 235 with powerglide engine (that is what it is called) with a 1956 848 head (higher compression). This motor was the first one with full pressure oil system, hydraulic lifters, aluminum pistons, and insert rod bearings. It has a 1966 Saginaw 3 speed and a 12 bolt 3.73 rear end. This all went together without any major modifications. It has plenty of power and speed to be dangerous. Unless you plan on some serious modification to the front suspension and add disc brakes, I would not recommend going with a V8.
