Here is the long short story of this car...by the way this is Dave (CygnusX1) logged in with Mike's account.
My friend and I installed this hot motor into a rusty 76Z back about 1982 in upstate NY. Then the car sat for a couple of years as my friend moved to San Diego. His parents put it up for sale in NY when I was in high school. I was driving a "duct-tape restoration" of an Alfa Romeo with webers. My friend wanted a toy also so he bought the rusty 76Z with the jewel motor. Him and I found a 77 in the bronx with a good body and dropped in the jewel motor. We busted a champagne bottle on the bumper and we had a high school kids dream car. Loud, fast, attractive...with Ferrari seats! We raced it light to light through high school beating Ninja 600's. After high school the car was parked in the basement of a building in the Bronx. It sat for 20 years or so until I met Mike at work. He wanted a hobby car so I told him about our old "race" car. Mike took it home, took it apart, and is currently redoing everything the right way.
The motor is still as it was built back in 1982. Venolia pistons, 11:1 compression, tripples, balanced, big Nismo cam, isky valve hardware, headers, CF clutch, twice pipes.