A quick vid of the mgb v8
http://www.youtube.com/watch?v=C7jkwqy_YSE

Nice work there.
It will look cool without the front bumper removed and with the suspension lowered.

Yeah it will. unfortunately he will have to remanufacture virtually ALL the suspension points to reset the suspension.
Had a MGC gt once.. It was slower than the 4 cyl version. Go British Leyland!