Thanks all. A bit to think about. I have been leaning towards the LS3. Stripping and relocating the unsightly bits.
After speaking with ASRF reps in Victoria, I will go down the direction of Street Rod rego. I think. Allows a lot of leeway..
New guidelines make this direction a good option and values of cars do not vary that much between the full rego. street rods and those on the street rod rego.
Mmmm will see where we go.
Thanks for the advice and discussion.
Bernie