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I like rotary engines. If I had a good 13B, or a 20B, I would drop it right in the RX7. I don't though. What I do have is a huge Ford smallblock, and it was free. I also have a Porsche transaxle from a 931, which is going to be my tranny. I can get a first gen second series Rex with a blown motor for around $300 CDN. I can rebuild the motor for $600 CDN with forged pistons, add $150 for a new cam, let's say a $900 rebuild with 400hp. With the Porsche transaxle, the car will weigh 2300-2400lbs, have 400hp, and a 50/50 weight balance.
Now I just need flares for wider tires.
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