Xnke
I like the idea of stock L28 for you. Bolt your SU's on, and let her rip. I don't know about other parts of the country, but out here in Spokane, you can get an L28 complete for $150 at our pull and save wrecking yard (including alternator, and A/C pump if the car was so equipped). You have to invest a couple of hours of time to get it out, but I find it kind of fun out there. There seems to be about 1-2 280Z, or ZX that come in every month (and Spokane is NOT a large city). You have to watch inventory, and be quick to get out there. You can grab a 5-speed for another $50 if you are quick enough! If you want to play with your 240 block with 260-280 crank, I have a 280 crank you can have, but freight across the country would probably be more than you can find one in your neck of the woods. The free crank goes for anyone, it's just taking up space standing up next to the 'fridge in my shop.
One comment you made I found interesting. You said you are new to this working on cars game, but that you could do your own machine work? Quality machine work is the bargain of the universe. Even if just re-ringing, you can have your block honed on a Sunnen machine for around $100 (I find Nissan blocks to be very hard, and by the time you run a hand hone long enough to end up with a decent cross-hatch, you no longer have a round, straight cylinder). A decent quality valve job can generally be had for $125-$150 plus parts. L-series cranks are tough as hell, and a quick polish is likely all you will need. Unless you want to spend a couple hundred grand to equip an automotive machine shop, let the pro's handle that part. Assembling an engine is fun, and ANYONE can do it. Buy a couple of books, be slow and methodical, and keep it CLEAN, CLEAN, CLEAN.
As far as fuel. Detonation will destroy an engine quicker than anything. Contrary to some folks believe, there is NO detrimental effect to high octane fuel. You will not "burn a hole in a piston," running even racing gas in a stock engine, just the opposite. Think about your comment that you are on a budget, and premium fuel is out of your price range. 10,000 miles a year is LOT of driving in one of our cars. At 20 mpg, you would burn 500 gallons a year. Premium is, what, $.50 more per gallon? That is $250/YEAR. That is $5/WEEK. Just sayin', don't short yourself from running optimal ignition timing with the false economy of running rot-gut fuel.
Good luck, have fun, and Enjoy the Ride!