Ridgerunner
Missouri Chapter member
Any particular reason why you're aiming for the 2-300 hp range? I'm no expert on the power numbers, but I'd bet you could damn near just drop in a 351 and be in that range. So yeah, that makes sense...but for ease of swap, I'd find a 351 truck of the same vintage and swap everything so the rig will still be compliant.
The 200-300 HP is for the 300 I6. Where a 302 or a 351W would be a lot easier to beat the 300 HP mark without a lot of expense. And from the poll a 351W looks to be the best bet.