Originally Posted by starnest
he already has the 327 in hand.
No, he has remnants of a 327 in hand, which to rebuild properly is going to cost him at least $1500. A used LT1 is like $400, even if you decide to run MS instead of the stock ecu ($400) and have to buy a different fuel pump ($100) and throw in a few other little goodies like a nice air filter or some chrome (say $400) he's still ahead financially if he just lets that 327 block rot in the back yard.
Not to mention he'll get about 5 or more mpg better and it is a LOT easier to drive.
I've done a lot of junk yard engine installations for people and the primary reason why is that it just makes more sense than rebuilding when you can get an engine with less than 100k miles on it for $400 or less.
With all that said it seems a 327 would satisfy his reach for days gone by much better and as such I say do what makes ya happy!