Don't take my "lols" the wrong way, I'm sure you guys laughed yourself when you first thought of the idea. I'm all for Innovation but, using the word "innovative" and "carburetor" together should not be allowed in 2012.

I think "Bizarre" would more accurately describe this project.
Even with the lower spring tension from the TI retainers is still a lot more than an 8v. Then add the fact that your turning two cams...either way, that wasn't a serious concern(though you will lose HP)....It was more a jab at my own motor that I love.
So your gonna move the ENGINE to accommodate a CARB? So your gonna move the ENGINE to accommodate a CARB? Sorry, I felt some redundancy was in need there. Do you know what moving and engine back a couple inches entails? I.E. suspension geometry, welding ALL new mounts, hitting the K-frame, axle binding, etc.
NO, this will not be a great build for future N/A people to look at regardless of the power you make(or don't make). For one, the Lotus head is too expensive and unavailable. Two, moving and engine to fit a carb is not something most people are gonna want or have the means to do.
One things for sure....it will be a fun/interesting/bizarre/expensive project! If you need any help with the TIII side of it lmk.