The answer is Mitsubishi 4G63t. You know them from the DSM (Eclipse, Laser, Talon) fame. These engines are a $.10/12 and hold a LOT of power. The 300 whp recipe for the 4G63 is not that far from stock. Some say you can drag 300 hp out of a 14B, but I have never seen it. A turbo upgrade (even to a 16G will get you 300), injectors (look around, folks on here have injectors), a fuel pump, a front-mount intercooler, 3" exhaust and a tune.
You are all, "But, Les, you can't make that rear wheel drive without spending a $million on a Buschur RWD swap!"
I am all, "Yes I can."
Go to the Pull-A-Part and find yourseld a 2wd Toyota truck or a Supra. Yes, there are Supras at the Pull-A-Part. Remove the transmission and shifter. Don't worry about grabbing the clutch, just make sure you get the shift fork, TOB, and slave cylinder. At Pull-A-Part, there are set prices for everything. The trans., shifter, and cold-start injector cost me $86 out the door. Look here: www.pull-a-part.com .
Next, get ahold of a guy named Bill Hincher and order the proper bellhousing to mate the 4G63 to your W-50-series or R154 (from a turbo Supra; don't think THEY will be in the Pull-A-Part, though). The bellhousing set-up for the W-50-series is about $250. The set-up for the R154 is $450.
You will have to make some mods to the engine as you are turning it 90*. Go here for more info: www.projectzerog.com .
If you are not savvy with wiring, go to www.hotrodcoffeeshop.com and look for 4g63mightymax and ask him to configure a harness for you. This will cost about $150.
OR you can get a 4G64 out of a Mighty Max and use that block and transmission (the 4G64 Mighty Max trans will not bolt up to the 4g63 because the bellhousing is different; Mitsu made a "norrow-block" 4G series that they put into the Mighty Max, but I doubt you'll find one, most are 2.4's). All "Sirius" Mitsubishi engines can swap heads, so you can have the bigger displacement (2.4L vs. 2.0, with the 4G64 over the 4G63), and use the dual cam head. However, you are pushing the limit of the Mighty Max trans. at 300 whp. I have a Mighty Max 2.4 and 5-speed trans. here if you need it.
BTW, I bought my powerplant in a running '95 Eagle Talon for $150 (no BS. Yes, I have the reciept). I pulled the engine/trans., E-prom ECU, E-prom TCU, K-member with all suspension, intercooler, radiator, etc. and still junked the car for $223 and change.
You have it all right there: dependability (some may argue this), high output, cheap, and light. Are you excited yet? I just got a woody talking about it.
-Les