Hello Graeme,
My 1974 P6B runs a circa 2002 top hat linered fully cross bolted 4.6 litre Rover V8 fitted with a custom ground high torque camshaft. Heads are 10 bolt, timing set J & P Performance double row true roller set advanced by 2 degrees. Lumenition Ignition running in a brand new (in 2007) Lucas 35D8 distributor regraphed to suit the engine. Timing is 12 degrees @ 600rpm, 28 degrees @ 3000 rpm. Fuelled by twin SU HIF6 carburettors with custom polished BBW needles, K & N air filters sitting in an airbox with 3" inlet. Estimated gross power from rear wheel dyno run 220 HP (160kW), Max Torque 300lbs/ft (400Nm). City running typically 18 to 19mpg, country running 25 to 29mpg at 60 to 75mph.
An interesting point,...with my original 3.5 litre engine, the carburettors were adjusted on the lean side and the needles were BBG. When starting even during warm weather, the choke needed to be out for a good few minutes else it would stall. With my 4.6, the tuning is if anything more to the rich side, the choke is only used for starting and thence immediately pushed fully home. The engine will idle perfectly smoothly and the car can then be driven just like a modern fuel injected car, no hesitation at all. On top of this, the engine delivers better fuel economy than the 3.5 litre engine it replaced, some 2 to 6mpg typically.
Ron.