Ford...302 vs 4.6l for twin turbo???

[Slick]

I've been building a twin turbo 302 project for awhile...I have some parts invested but I haven't gotten to the actual block yet, just bolt on stuff like oil pan and motor mounts (got the poly, thanks for all the advice on the the earlier post) etc, nothing internal as I'm not that far along yet with the rest of the car, just getting sizing right now. Now I'm presented with a deal locally for a 4.6l motor, tranny, harness, everything out of a lincoln or towncar or something for cheap (less than $500) from a rear end damaged car, it purs with 50K miles.

Question is...with TT in mind, what are my pro's/con's for either engine? I know when I started this project everyone I talked to said "why are you using a 302, why not a "mod" 4.6l?". I didn't put much thought into it at the time but now....

I know the 302's distributor is being a pain in my ass (high and in front, ugly, car is more show than go) and the front oil pump is causing issues with my crossmember. I don't know much about this 4.6 yet, where is the oil pump in this thing? I know it uses coil packs...what the hell do they mean by "modular" motor anyway?

One thing I have that cost a bit that I need to be able to swap over is an accell DFI GEn 7...I assume I can swap this over, maybe new harness or something but it should work right?

Thanks!