From what I have previously seen, Its a fairly complex mod (not for the faint hearted) and requires significant surgery at the front end (spash oil chain system vs dry belt)
The oil and waterways need a lot of work, new 4 valve pistons required, for some reason I thought the bore pitch was different as well.
It would be very interesting to find out more as there seems to be a couple of cars with this now
It would also be interesting to debate the hybrid nature of this, is it a hybrid or as the block is still an L series is it still an L series at heart ??????????
As for power no reason why a well built high compression setup shouldnt produce well over 300 hp,
4 valves per cylinder, a crossflow design and loads of cams give you a massive advantage in getting the mixture in and the gases out over a 2 valve single cam non crossflow system..............just the fact that the inlet is on the cool side and not being baked by the exhuast is worth a big chunk.