Our local Porsche shop said the same thing about 97/98 blocks.
S vs. non-S: I was looking in a same price range (about $25,000). Saw some good cars on ebay $22-$23, but was reluctant to but a car on ebay. A local 2001 (non-S) popped up - pampered to the max with 13,000 miles for $28.5: I took it. Is more power (S) better? Always! But on the used market it kinda depends on what happens along. Low mileage 2001 Ss were mostly over $30.
Happy hunting!
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