Why spend all your cash into a 3.5-better off getting 3.9 or 4.2 dont bother with 4.6 as for some reason its weaker-so I was told by Land rover specialist or go 5 liter like I have
But mine is Buick not rover-as prototypes were done that way-S.U carbs were fitted because Holley would'nt deal
And I know 3 people with sdi rovers-1 is 3.5 and other two are 3.9 ex plod
4.2 engine is a very rare beast, not a great deal made as they used the old Iceberg diesel block (so a similar block to the 4.0 and 4.6 note the 4.0 is the same cc as the 3.9)
The 3.9 and 4.6 share a common 94mm bore with the 4.6 being a longer stroke. The bottom end on the 4.0 and 4.6 is FAR superior to the early 3.5/3.9 with much improved heads and the fewer head bolts (which is considerably better). Add to that a much better fuel pump setup and an improved fuel injection system and you get a better lump.
The only issues I have seen on the 4.6 is dropped liners (normaly following over heating or when run on buggered cam for any length of time) but you also see this on the 3.9.
If going for a 5 litre then the 4.6 is the place to start as the extra bottom end strength is needed to stop the mains caps 'wandering'.
Although at the end of the day, if looking for V8 performance, these days you would not even consider a Rover V8 (and probabaly wouldn't for the last 15-20 years)