First off, thanks for all the good replies. I certainly appreciate it.
I didn't quite look at it that way, but you make an excellent point. Any engine swap (especially a SBC) that includes a significant increase in horsepower is going to make suspension work necessary.
At the risk of sounding like a newbie: What exactly is MegaSquirt, and ITBs? Google tells me MegaSquirt is a EFI engine managment computer system but I'm still in the dark exactly why I'd want one? You'll have to bear with me here, all my experience has been on carborated SBC or diesels. As for ITBs, I have no idea?
That's comforting to hear. I've heard that the rods on the L24s are forged? Is this true? If it is the case, getting them shot-peened and replacing the rod bolts with ARP hardware is probably the way to go. I'm betting a set of forged pistons are prohibitively expensive for the L6 engines (~$800 for a set? I am so spoiled by SBC prices), which is why you said I *could* get by using the stock ones...
That almost sounds like a challenge! I've never owned or worked on a car with a turbo (well except a Cat engine) so building them and tuning them has always seemed like a black art to me. In fact, working with *any* electronic engine management has! However, the scream of any NA engine as rips to the top its powerband... sniff, it is a beautiful thing.
I'm assuming these numbers are on top of the L24's stock "200hp" (I doubt mine makes close to that). Pulling another 220hp out of my current L24 is definitely an option I'll consider. Getting something like 350-375 hp total out of it would be amazing.
The only thing I'd like to mention is that my off-the-top-of-my-head guess is that an EFI conversion (tank, pump, regulator, lines, manifold, injectors, etc.) comes close to $5K with everything all said and done and we haven't even started talking about cam swaps, head work (some of which I can probably do... although head-porting is the blackest of black arts), and new pistons (presumably to raise the compression level)... so $10-12K said and done? For that price, I could just go with something top shelf like an LS6 and have plently left over for that badly needed limited slip differential (and other suspension work).
With the added bonus that I can actually drive the car instead of spend 6-8 months building an engine!