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It's not just about horsepower. It's about ditching the M96, no matter the displacement. Go ahead and do the math and find out what it will cost you to build a 400rwhp "911" M96 engine vs. a 400rwhp Turbo Subaru engine, and then take a guess at which one will last longer and cost more to replace when it blows up.
I think you will have a hard time finding anyone who will be sympathetic towards ANY M96 engine when "better" alternatives are available.
You also have to remember, a lot of the people who would be interested in this sort of conversion are going to be at a crossroads where their Boxster already has a bad engine and they will be shopping for "more affordable" alternatives to tracking down another used M96.
A side note for your guys with good 2.5 motors. Wanna take a guess at how much your "good used" 2.5 engines are worth to the Boxster Spec guys? I bet you could fund a lot of the cost of the conversion by simply selling the existing motor.
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