I beg to differ. I had never driven or owned a 326 until I bought the 67 LeMans. Now, up until recently the car was a two speed (slow & slower). However, now that the 4-speed conv. has been completed, let me tell you, even with a 2.56 OPEN REAR I can in fact smoke the one tire! I just did this on Friday to prove this very point to some friends. Mind you I have a VERY low first gear in a completely rebuilt M21 etc.
This car with the 4-speed is MUCH quicker than I would have ever thought possible and then some! Also, this 326 could be an H.O. engine. To just pass on it if the price is right IMO would be silly considering this guy is looking for a driver. Not too mention, I am getting over 21mpg!!!!
Lastly, I good running 326 Pontiac engine is worth 3 Chevy 305's IMO. People are quick to discount the little 326 Pontiac engine, however, with the proper set up, they can run and they can run well!