Hey fellas. Don't have a Z but certainly do admire the early 240/260/280's, those are some sweet cars.
Great thread, absorbing a lot of info, have read through almost everything
Anyway, I found this thread after some prolonged research in to flat plane crankshafts (some guy one the GT40 thread linked over here)..
To throw another engine in to the mix, may I suggest a BMW M60 V8? Which not very compact (90 degree, quite wide), they are very modern with 4 valve actuated by dual overhead cams and hydraulic tappets, relatively high compression (10:1 and 10.5:1)..They come in two flavors, the 3.0 and the 4.0 (the 3.0 has the 10.5 comp while the 4.0 has the 10:1).. And of course, they are a very light aluminum alloy, they just about 318 lbs. The 4.0 has a bore/stroke of 80/89mm and 143 mm conrods.