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If you go 351W, try to get a late 60's early 70's version. With the late 70's versions, Ford was obsessed with emissions at the expense of power. Some made less than 180 HP. 2 bbl. heads restricted breathing. However even those motors can be made into firebreathers with sufficient $$$$$$$$$$. my .02$
how bout a allison aircraft engine just to make the ricers wonder what the heck you got under the hood. okay ill be reallistic i don't know wether you consider um modern or not but how bout a 390 slightly warmed over with a 6speed manual. or you could always put a catapillar diseil in it that would be cool sure its big and heavy but lots of power and torque. i still vote for the allison aircraft engine though.
I guess I must be the only real "oddball" around here. I'd put some sort of diesel in it. The newer Mercedes CDI diesels are supposed to be really fast and clean, so that's probably what I would use. I don't have anything against a Powerstroke, but they are just too heavy for our application.
That is not at all "odd" if you intend to use a truck for its original purpose, hauling a load or trailer. I intend to use mine as such and therefore a diesel is in order. The Mercedes are too expensive and more complicated to install as well as too small in displacement. So, Powerstroke is the way to go. Yes, the 7.3L is heavy at 938 pounds dry, but, if you engineer the front suspension properly, it shouldn't be too heavy. Say a Dakota IFS with the V-8 coil springs, Bilstein shocks and the proper sway bar. And the 7.3L is about the same size physically and only slightly heavier than the FE Ford big block 460.
I saw an article on the new 6.4L Ford Powerstroke and it should also fit, EXCEPT for the extra large radiator, intercooler, and other required coolers for the fuel, transmission, EGR, power steering, etc. The frontal area in the grille is rather small in our older trucks and trying to fit all those heat exchangers in that small area will be TOUGH!!!
How about one of the Volkswagen Tourege 5.0L V-12's? Finding one at the right price in a wrecking yard would be difficult; but the bling value of a twin turbo V-12... WOW.
Besides diesel gives you more fuel options if you have access to bio diesel than any gas motor. Think about what you are going to do for fuel when gas goes over $3.50 or $4.00 a gallon.
Now the dream engine would be.....a true blown 460 with all the bells and whistles...the only thing is that it cannot be driven daily due to the gas prices.... :-(
I would recommend a mustang II suspension. pretty much all the aftermarket parts you can find involve this geometry. not too many in the junkyards any more, but a good crossmember can be found for under $400
as for the engine, the 240/300 I6 is really long and bad on gas. the 351W can be found in a lot of mid to late 80's crown vic's.
they can be built mild to wild, are light, and run cool.