I think it'll take more then just I/H/E to beat a V6...but I could be wrong...I mean, there will always be someone who says they beat a V-8 mustang with their i/h/e'd 1.5L DX, but in my opinion you won't win.
I'm actually in the midst of doing a b16a swap into my 88 DX hatch. So that is what I'd do. Then later on down the line you can throw a turbo ontop of that bad boy. That is also what I plan to do...but that is WWWAAAYYY down the road. I just need more $$$$!!!! HEHEHEH
If you do the b16 swap yourself and do the regular routine maintnance work to it (ie water pump, timing belt, thermostat, etc), it shouldn't run you any more then $1500...maybe $2000 depending on what kind of hookups you got. I put a new clutch and a lightened flywheel on mine before I'm putting it in, then I don't have to take it out!!!!
i'd say stick with your stock engine because they are just so damned cheap and slap a turbo on it and run 6 pounds of boost or if you know a dyno get it dyno-tuned and you could probably run 8 lbs daily driven and still be reliable. and if it should blow up one day, hey a new d series engine only costs like 450-600 not like replacing a b18c or any other b series engines.
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