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id say keep it stock or put a plain-jane conversion engine in. the buick 215 isn't a great choice....performance parts are very limited, and even though it's aluminum, it's not super light. plus, if you're going to put the effort out of doing a conversion, then you might as well reap all of the benefits. a buick 231 V-6 would be a better choice. ...or any of the modern drivetrains. I like the Cobalt suggestion.
considerations have to be made early on....such as Ford 302/Chevy 350, etc. The Ford's distributer location might not allow fitting, etc. unless money is no factor, most people switch engines due to being a cheaper alternative. you even said yourself that you wouldn't want to pony up the money for a rebuild. unless you can do a lot of work yourself, fabrication costs will be a death by a thousand cuts.
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-mike
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