Sounds fun, but will only happen with GOBS of money and a professional builder like Rebello and you still won't see 240hp at the wheels. If you do- you will have very prestigious bragging rights. 240rwhp 240 would be a race motor. Now that I burst the bubble, shoot for 200rwhp and have some fun. I would think that 280 rods would be the trick with custom height pistons- and not dished pistons. How about introducing yourself and tell us about your engine building experience. It's obvious that you have some to learn about the L engine, and I'm not trying to be an a$$, just judging by your post. You might need to take your head to have it evaluated first before you make these plans. The early E-31 was prone to corrosion.