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it sounds like you guys have a lot fo misinformation about the turbo 301 engines. it was underpowered from the factory, but that had more to do with crap casting than the application itself.
301 heads often look like they were cast by a 2nd grader using playdoh. if you find a turbo motor, just clean up the heads, intake, and turbo manifold a bit and you will see a serious gain in power.
the t301's are also extremely drivable engines. they have mild street manners, get 20+ mpg easily, and last a very very long time.
the biggest thing that held back the original turbo 301 was very very low boost. they softened up the motor a ton to try to make a cool turbo motor, but forgot to add any real boost to take advantage of it. the system was rated at 6psi, but tons of people are only seeing about 4psi from OE wastegates.
the biggest draw back to the 301 is that the parts interchange with other poncho pieces is minimal. the heads and block use a unique bolt pattern that prevents the use of better flowing heads.
people ahve built T301's to 500+ hp before, and it doesn't take breaking the bank to get there. a little clean up work on the top end, a cam, turbo upgrade, and switching to a better carb will add a ton of power.
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