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Darth Vader

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I am just trying to size this puppy up and plan my next move. The motor is toast (burned valves) so the whole thing needs to be rebuilt. Tranny: unknown but I do know it is the 4 speed w/o overdrive :-(. Suspension and brakes: the parts are there in C- condition. Body and paint: C- but the parts are there. Interior: D- condition.
so my dilemma is whether to put $10k into the car and rebuild it, but then I still have a car worth $10k and 100hp and a positive ground electrical system. If it has had front end damage (which is pretty evident) then it will never b a concourse type car.
Or, rip it all out; drop in an aluminum Buick v8 or a boosted Toyota w a bulletproof w50 5 speed. Keep the TR6 seats and redo the interior however I want, pull the body and tub for sandblasting and paint it anything other than BrG, yuck (original for this car according to the Comm plate) and drive the **** out of it.
is it a good enough car to try and restore to original or is this a case where it would never be good enough to be considered "original" so why try.
Bill (heavy sigh, hands in pocket, kicking stone across the driveway)
To answer your question, if it were mine I would clean up interior and body with the least amount of effort and expense. Too bad you hate BRG as it's one of the more popular colors. Same with engine. Possibly just doing the head would be enough? I would never change out the engine for anything but original tractor motor, that 100 hp car is a ball to drive. If you do it will be less desirable for most buyers down the road. Redo the hydraulics and brakes. With luck maybe gearbox is ok which you will find out once it runs and stops. But a driver now rather than yanking the whole thing apart which will take lots of time and lots of money. But it's not my car.