Do the 3.4. $1500 is not huge in the P-car universe, and you will forget about it once you have the smile on your face. Leave it as a 3.2 and you will always wonder, what if...
For comparison, rebuilt my 3.2 as a 3.4 with Autothority MAF, bored throttle body, WebCam 20/21 cams, balanced rods, ARP rod bolts, SSI's, Sach's aluminum power cluch kit and custom Steve Wong chip. Dynoed at 243 wheel horsepower (apply your own conversion to flywheel power). It is a real hoot to drive, and I've forgotten about the cost.
Have fun!
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1986 3.2 to 3.4 conversion
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