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Here is the deal, I'm in the middle of a major restoration on my '78. It all started with major bird cage rust. Now I'm into the rebuilding stage. I'm going with a new engine and transmission.
For the transmission I'm going with the Bowtie overdrive 200r4. The engine I'm debating between two GM performance engines.
In my mind the difference amounts to 40 HP. I'm not building a race car, I'm building a daily driver I put 20k miles a year on. I have 197 HP now my first impression is that 290 should be more then enough. It also seems that I would get better gas milage with a little less engine. With the 1000 dollar difference I can also rebuild the entire suspension. Do you think I'll regret the decision to go cheap later?
I have never been impressed with the 290 hp chevy crate engine. It is just a basic engine, for cruising. The 330, on the other hand is much better, with some up-grade potential. The quality difference is apparent. With the added 54 ft/lbs. of torque over the 290, it is a "seat of the pants" difference.
Take at least 50 HP off each of those motors. That will give you a realistic HP at the Crank. GM rates the HP with no accessories on the motor. Perfect air/fuel ratio.
I know that there are many members that have the 330hp version and really like the powers. However, there are also several members that went with the 290hp version and say that it is a big improvement over stock. Maybe a few of them will chime in.
Thanks for your inputs. I figured I'm going to lose 50 horse either way with ac and alternator. I doubt I'm seeing the stock 197 now so either way is an improvement.
The 330HP is a 1-piece seal block w/vortec heads. This is the the same block that the ZZ engines are based on. It is machined for roller lifters. IMO it is infinitely better than the 290, which is the pre-roller block.
$1600 plus vs $3400 plus, if you buy the 290hp had an eldebrock performer intake, 750 carb (Q-Jet if you still have yours) and a set of headers & duals you could make 330hp plus some for a lot less $$
Intakes are in the parts section for $75.00 used the q-jet reuse yours and headers & duals again both 4/sale in the C3 parts section all the time. For not a lot of money. that's my .02
its just me but i put a 383 stroker in my 75 and i used to put 25000 to 30000 miles a year on it and i was more than pleased with it. it got good milage with the 3.08 gear and the th400 trans. since you are going through all the trouble to change out everything spend a little more and shop around for as much power as you can get for your budget. you will be glad you did in the end. i have over 150000 miles on my 383 now and it is still running strong.