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A well made SC kit can be bolted on in a weekend & your enjoying it immediatly. An engine swap is a longer term project.
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Mitch,
I don't disagree with that at all. Moss has done a great service by producing the S/C kit, but if a turbocharger is what you want, you're pretty much on your own. As yet, there haven't been enough turbochargers built for an MGB to generate a comprehensive data base. Adding a S/C kit from Moss would be considerably easier than a V8 swap, but until a turbocharger kit is developed, a V8 swap would be easier.
There have been so many V8 swaps (and V6s) done and documented that just about every problem one might encounter has been solved, and the solutions are so readily available, that the swap has become doable by just about anyone. In most cases, the hardest part of doing something like this is figuring out *what* to do, and *how* to do it. Once that is done, the rest is usually fairly easy. In fact, if you own a late model - 77 or later - the BOP/Rover swap is so easy it's almost a "bolt-in" operation, and can be done in a long weekend.
OTOH, I have to agree with Lawguy. If the ONLY goal was more power, it would be much better to just buy a more powerful car, but that us not the case with us British car nuts. There's no rhyme nor reason for our wishes other than personal satisfaction, so if it's a turbocharger that floats yer boat, by all means go for it.
For some of us, it's the end result that counts, for others of us, it's the getting there that counts most. I think there would be a great deal more personal satisfaction from producing a quality turbo installation, breaking new ground, than swapping a V8 following the path blazed by others.
That's not to say that each engine swap isn't different than all the others, and there is still a lot of room for creativity in any individual swap.