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Hi there, I would have to say that it depends on what your ultimate goal of the jeep is. Are you planning on building a trail jeep or just to put around town and occasionally hit some trails? If it were me, if I was willing to part with the 77 chevy, I would swap the 350 v8 and tranny into the cj5. There are plenty of upgrades on the market for a chevy 350. Although there is a few pros and cons to the swap. You also may have to consider upgrading the transfer case depending on what model it is to make sure it can handle the torque from the motor. Also, the stock rear end might be an AMC 20 which won't handle much abuse either. Especially with if you plan to add oversize tires. There definitely are plenty of guys out there that do this swap and have had great success.
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