I put a 3.9 in the Tunebug (out of a '74 Midget). Pops right in, no modification necessary. I'll have the 3.9, ribcase 4-speed, and Hap-bult 1275. Should give plenty of legs for decent speeds for cheap.
Can't remember what engine you're going with in your Bugeye -- that'll make a difference. The 948 especially needs the 4.22 rear end.