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I'll throw in another 2c.
If you've got a dead truck you want to get on the road ASAP, then I'd go the chev 6.2 conversion.
Once you've got the chev in, start looking for parts for a better conversion. When the MkII is ready to go, you'll be able to flick the chev as a bolt in kit for someone elses's cruiser.
Yes it'll be more work (doing things twice), but the advantage of not having a dead truck and the luxury of time to get the conversion properly planned out will be worth it.
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