Most V8 owners will tell you to ditch the 253 because it lacks the capacity to give any real performance but in a smaller car like the VH, it could be quite a reasonable performer. You said you only wanted a cruiser, not a bruiser, so with sensible mods you can make it just what you want.
At least in the VH, you finally scored a four barrel. Should have been there from the start. Years ago I had a 253 HG GTS manual. The only mods were dual pipes and a Holley 350 two barrel carb. The Monaro was a heavy car, yet it could keep up with a mate's 308 HQ van and beat another mate's 308 Premier wagon with a single exhaust system. And that was just a red 253. It convinced me that little motor had something to offer and I laugh when others ****-can it because it's too small.