I owned two project Monaros, HK and HG GTS I had to sell them both when I got married overseas (ran out of money
). If the Monaro wasn't a V8 originally then make sure you have whatever the original motor was also in the shed and if it's at all possible keep it the original colour (you'll be happy you did this one day). Aside from that, if you want a really fast engine for really cheap and no problems with the install there's just no option but the carbureted small block chev, it's more less impossible to build one with less than 300 horsepower and costs almost nothing for the parts. If you want more installation troubles the fuel injected version will be more responsive, but really with the cheap high performance parts available for the carby chev you'll make much more power more cheaply that way. You can just about build a Nascar engine with off the shelf parts if you wanted to. A 350 block, 9:1 compression, victor jnr or similar manifold, vortec heads, good cam. You'll be looking at a brand new 400hp easy and would probably cost you less than a stock rebuilt Holden EFI V8. And also be the right engine for the vintage of the car in my opinion. As the 350 and both Holden V8's were options on the HG Monaro you'll whiz straight through rego with either.
I was going to run a 305 chev and turbo 350 gearbox (from a 79 or 80 Camaro) in my HG and 253 and turbo 350 in the HK (still have the motor and box for the HG in the shed), looking back a 350 would have been smarter and cheaper but I was young and the 350 was a bit too much for me at the time.
Dazz I think he's talking about the original Chev small block, not the LS1, there were a couple different injection setups on it in the Camaros, Corvettes and the trucks in the 80's and early 90's
EcotecManiac, the ZR1 Corvette might be the car the engine your talking about came from? I think it's called the LT5, probably the best engine that's ever been in a Corvette, makes the LS1 look like a retro boat anchor that's for sure