Well the mods I am considering are not mad ones (power steering) or are for safety (discs), only looking at engine transplants if the one we find has an unrepairable or is the 2.25 Diesel (they are not nice), late 5 bearing 2.25 would be fine I think, but then modify to improve economy (like a head skim).
I have fancied a series for years, but the first LR I buy is a Discovery, when I was a child I wanted a Range Rover!
My boys are currently undecided in their future, both are scared of university (£45,000 of debt), one wants to do IT, the other is more practical and helps me work on cars, I think he may go modern apprentiship.
If I was doing one for me, it would be a either a V8, a tuned 2.5 or the maddest conversion of all, a TD5.
I did wonder if the old GM V6s would fit in one as they are very compact. But the one I had lying around has been scrapped.