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As a long-time Corvair fan and driver I can tell you that the engine should fit the 912 quite well. A LONG time ago I was involved in putting a Corvair engine into a 356A coupe (not mine). It went in quite well. At that time there were adapters available to mate the Corvair to VW transmissions. And there was some fiddling with clutches, etc. to make it all work. But it's been too long ago for me to remember the specifics of it. We flipped the ring gear to accomodate the reverse rotation, but at the time there were also reverse rotation camshafts made for the Corvair. Maybe still. An excellent source for parts is Clark's Corvair Parts which can be found on the web. Lots of N.O.S. and reproduction parts.
One thing I do recall though is that one issue was the exhaust system. Not enough room under the 356 body for a decent sounding system and the one the guy used (on a budget so it wasn't custom-made) ended up with the outlets under the bodywork. So the whole car was an echo chamber.
It performed like a rocket ship, and the extra weight of the Corvair "decambered" the 356 enough to where any change in handling was really noticeable.
This was in the midwest; Manhattan, KS (home of Kansas State University) in about 1964. Porsche was '57, I think. It started out life as a Normal, which threw a rod. Then it had a 1500 Super engine for awhile which also suffered a major mechanical issue.
In the end the Corvair ended up being replaced bya 36hp VW and in that guise it was traded off to an unknowing Mercury dealer in the K.C. area around 1966. The Corvair conversion set-up ended up in a VW van!
That is all!
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