For my 2 cents I would say that an engine is an engine. What is cool for me is getting power out of that engine. Some engines make more specific power from the factory than others, but all engines can be modified. I can assure you that a guy with a machine shop and some know-how could make the 1.9 L escort stomp all over a stock 2.2 VTEC Honda.
Than someone could build the Honda engine, than the 1.9L gets a turbo... You get the idea.
What makes this swap cool is that it has not been done before. I have seen just about every Small block Chevy and Small block Ford in existence strapped into an RX7, but I have never seen a Ferrari V12 in person in anything. Therefore I would consider this a cool swap.
I heard of a guy converting an RX7 to rear engine and using a B20 Honda engine and transaxle mounted transversely. Do I think this was a good use of his time? No, considering that he took an engine that would make 200 WHp pretty easily out and replaced it with an engine that requires significant effort to make 200 flywheel Hp, plus the chassis was pretty badly compromised and the weight bias was destroyed. He did get unique points from me though.
There are some swaps that are just dumb, like putting a G10 (1.0L Geo Metro engine making 55HP) in an RX7. The Ferrari V12 swap has merit, because the car would still have class, character and poise, while obtaining a level of uniqueness that it didn't previously have.
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1986 GXL ('87 4-port NA - Haltech E8, LS2 Coils. Defined Autoworks Headers, Dual 2.5" Exhaust (Dual Superflow, dBX mufflers)
1991 Coupe (KYB AGX Shocks, Eibach lowering springs, RB exhaust, Stock and Automatic)
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