SRT4 swap my 66 Valiant?

This may upset the purists but I have 2 SRT4s that are currently not road worthy and was kicking around the idea of swapping one of the turbo 2.4s into the Valiant with a GM AR5 transmission. A local guy converted his 1st gen Neon to RWD and used the same combo. Anyone else ever have this idea?
It would certainly be easier than converting a Neon to RWD, there was a Shelby Charger years back that did that RWD conversion with the 2.2Turbo platform that ran 11's, the biggest hurdle probably will be oil sump/steering linkage co-existance.