I think the answer is "in some cases it is so difficult that it is not cost effective."
I've been thinking (maybe my dreams are too high) of getting a 64/-5 Dodge/ Plymouth and swapping in a modern Chrysler 5.7/ 6.2 hemi. There are lots of people doing this, but there ARE obstacles.
Some engines tie in sensors from the trans that you must overcome, even the rear end, and some newer engines don't even have a mechanical throttle---it's "fly by wire." If you're looking for "cheap power" this may not be the route to go.
The aging Cletrac/ Oliver I picked up now has a Toyota 20R + 4 speed---from the '80's---with a carburetor.
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