You'd probably be better off with the wankel against the S2000 lump
The Zs light, depends how you want your engine to make it's power. Zs tend to be pretty torquey cars so I wouldn't want to lose that and make driving the car hard work (hmm hangon, I bought a turbo Z with nothing much below 3k, d'oh!).
I think stroked RB engine, but set ALLLLLL the way back and with an ally block, so like SR20 weight/weight distribution, RB looks and power
My favourite engine would be something like the 1987 F1 BMW qualifying engine, 1500hp from a 1.4 or something running 70psi boost