Your absolutely right on the longevity part, that's why I went iron. I don't want to be rebuilding this again because the bore distortion and oil consumption.
I picked Gen III because I had a friend with one sitting around and it doesn't have any of the DOD/AFM provisions that I don't want anyway. Everything is backwards compatible and I even deleted the rear cam sensor and used a Gen IV front cover. Only difference is the knock sensor locations which isn't a big deal. I deleted the valley knock sensors and will be using Gen IV ones in the side of the block. No wiring has to change at all...
This will certainly get ran down the track this summer but it's a street truck 100%. I plan to tune on a dyno this time so I'll have some numbers from that as well... Expect a mid to high 11 qtr or so? My brother just bought a new Audi RS5 so my goal is to beat his $85k car to 60 (3.7sec) and 12sec qtr. Shouldn't be a problem lol