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I say go for it.
Lexus 4.0V8 is a nice engine. There's kits for the W58 boxes, leave the standard rear end in...custom mounts, tailshaft etc.
Height might be a problem, as the engine bay is quite shallow...get measurements first.
The body will be fine...the weight you lose in putting a RWD box in (eg W58 compared to the 4WD 4EAT), will offset the engine weight increase...all though I'd reckon the Lexus 4.0V8 would not be that much heavier.
Would also need to think about engine management...then miscellaneous things like AC, cruise, PS (custom hoses) etc...
Would be cool though. A mate here in Australia has whacked one of these Lexus engines in his GT4 (All Trac Celica to you guys)...then if that wasn't enough, he twin turbo'd it!
M
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