I've looked into the Chevy conversions a bit, and I think I would go with one of the LS engines due to their light weight. The LQ4 truck engine and 4L80E auto out of a 2000's Silverado would be a great match to the weight and demands of the Rover. This is a state of the art V8 with power, torque, reliability and efficiency to spare. It's weight is only around 525 lbs. fully dressed. Prices of even a new engine and trans are relatively low, parts and service are available everywhere, and it should fit into a Rover with relative ease using the Marks adapter from the 4L80E to the LT230 and their bolt-on engine mounts. The whole engine and trans ecu and wiring harness from the Silverado could be fitted. The transfer case has to move back a little, so new driveshafts would be required and the axles would have to be beefed up some to take the power of the new engine. These engines get over 20 highway mpg in the Silverado which is comparable in weight to the Rover, so it should be an economical setup. Power figures are 300 hp and 360 ft. lbs. of torque.
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Very cool, you can get those from $500-$2000 depending on condition and set up. I saw some with the 4L80E for <$2,000. And they will run on regular unleaded...not that premium crap that we have to buy with the Rover V8s. If I had the spare change, I'd buy a D1 and do the swap just to see how it went. Question, what would you do about an engine management system? Use something like perfect power or one of these?
http://www.hotrod.com/howto/113_0504_standalone_efi_systems/viewall.html