Yeah forgot to mention I'm not really a fan of common stuff so for that reason it would be quite cool to see something different in your car if 24v are very common.
People in NZ that are doing V8 conversions often do use the old push rod technology but many of them are recommended other options.
One that many people in NZ are doing at the moment is the Toyota (Lexus) 1UZ-FE engine which is a quad cam 4 litre V8 and makes great torque and power, probably a lot more than a 5 litre Commodore V8 like you are talking about.
Heres a link to a guy who has just put one into his Toyota Cressida and it looks brilliant.
http://www.oldschool.co.nz/phpbb/viewto ... 7d53b2c740Power figures are quote at 191 kW (256 hp) and torque of 353 Nm (260 ftlb). Thats for the base engine, there are larger motors and also VVTi ones available that make quite a bit more power. People also get fantastic results from using aftermarket management on them, as the base tune is very conservative.
This motor can also be purchased with box easily for around NZ$1000 which is a great price. Even cheaper if you source through Japan, plus they are still in production so are plentiful along with parts and aftermarket support, even in your country I would think.
Just a thought anyway.
edit: lol, power figures from the 5L Holden motor are just pathetic. If you are going to go there, please go to a later model Chev engine.
Holden Black 5.0L (later 4.9L) V8
Capacity: 5.0L (4.9L after June 1985)
Induction: Carburetor
Valvetrain: Overhead valves, 2 valves / cylinder
Bore x Stroke (mm): 101.6 x 76.7
Compression Ratio: 8.8
Maximum Power: 117kW
Maximum Torque: 319Nm @ 2400rpm