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Where did I say it was silly? merely pointing out that it's no longer an RS, nor is it an SS It's just one of 1/4 million 67 first gens that were built in which somebody has dropped a V8 so base your purchase on that info, £20k sounds like a very good price for a "mint" v8 first gen "RS" which would also make me look very carefully at what I'm buying, as others have said buy it for a clean driving car but bear in mind it's nearly 50years old and you can hide a lot with filler and paint, I love first gens but most of them I have seen are rotten now and full of filler apart from a few survivors or the many nut and bolt Restorations which command considerably more than £20k , if you have to pump another £10k Into it that you don't have because it's rotten under the paint it stops being the bargain it first appeared to be , caveat emptor, it's easy to get carried away and let your heart rule your head
It is of course still an RS, because in 1967 the RS package was merely cosmetic upgrades, such as the hideaway headlights, so changing the engine doesn't reflect on whether it remains an RS or not. Having it inspected tomorrow so will find out if it's any good - fingers crossed!