There isn't anything inherently wrong with any motor, everything has its plus and minuses. I like V8's they are cheap, plentiful, and have huge after market support. Which are the primary reasons I chose to use one. That motor is a perfectly fine motor for an engine swap imho. It just won't be as cheap to modify to turn huge numbers I would think. Once you hit around 350-400hp I would imagine you would be all on your own. An engine like an SBF or SBC on the other hand can go very far using common aftermarket parts.
Spend some money and try it out. The Super coupes are every where in the JY. You can buy the M90 online for under $150 usually in fine condition... which brings one to the point, well why not just do the same with a V8? Stick an M90 on it. It is all about options, price, etc. Maybe this engine hasn't caught on yet just because it hasn't caught on, maybe there are hidden gremlins that need to be figured out... I think your going to have to be the one to find out yourself!
I do want a super coupe though just for fun. Come on, 330ftlbs!