If you consider a v8, get a lighter modern engine, with four cams just like the eg33. The 302 is a dinosaur, heavy cast iron, two-valve, boring engine, nearly 50 years old in design. Okay for a lawn-mower, but not in an svx. All the time and effort, and you are left with a 'drag' car.
If you have to use a v8, use a modern sophisticated engine like the Infiniti, Lexus, Northstar, or whatever fits. We had a thread about that somewhere.
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