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Buy the V8 and you will be a GOD. Seriously, those prices are quite reasonable judging by the condition of the cars. MGB's are very sturdy automobiles and thanks to British Motor Heritage ANYTHING that has gone sour from a steel perspective can be replaced, up to and including whole unibodies. In fact, many of the MG racers in SCCA competition simply buy reproduction steel from BMH and outfit that with the latest in performance gear.
The basics of MG wear are the doorsills, the floorboards, and the doors tend to pick up a "scar" going down the length of the door starting at the mirror. Beyond that, they really don't get too ratty. My dear Layla (a 1970 MGB GT) sat underneath a tarp in Ohio weather for 18 years of her life, then sat bare in a charity auto lot for another six months until I dumped about a quart of ether down her Weber 32/36 DGV carb, hooked up a battery jump charger, and drove her off the lot.
They're durable as hell, and you'll really enjoy yours once you buy one.
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This is Dave "The Shoe" Shullick. The Shoe has over 200 feature wins in supermodifieds at Sandusky Speedway alone. The Shoe has won 5 Hy-Miler Nationals. You are not faster than The Shoe.
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