Plenty of Ford engines available for not much - I sold a 2ltr Silvertop engine for about £150 (if memory serves) - when I got rid of some bits I bought with my build...
I've not looked at the detail much (as I have a pinto and Type 3 straight from my Sierra donor) - but in short a lot of the Ford FWD engines up to 2000's can be attached straight to older Ford gearboxes without special bellhousings as the bolt patterns match up.
So newer Ford engine to older Ford gearbox seems sensible to me. You can always add a turbo in later on?
I'd think about what gearbox you want to use mainly - the engine bay on the Haynes is fairly big - but the tunnel on the book spec chassis is fairly narrow - I think the tunnel is where most 'early' changes need to be made ...
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