Re: trying to figure out which way to go
The turbo 2.3 can really get it. At some point they put then in some mustangs and they more than compete with a 5.0. But they are correct, it takes money and time to go turbo. Forged internals, changing the head, etc. a v8 swap its relatively cheap in comparison but the gas consumption is credibly more with only minor amounts of performance invade. It would be better to boost your 2.3, in the long run its easy and cheaper if you plan on driving it. But a v8 if fun if you want to do 4wheel burnouts!
86 ranger 4x4 2.3l efi gas non turbo 5 speed. Small lift. 2.25 in exh w/turbo muffler, no cat or egr. New cam, lifters, rocker arms (stock grind). New fuel pump in tank.