Having built and raced every engine Mopar has ever built hands down a GEN 3 is the best bang for the buck. Using the example of 700HP show me a stock BB/SB or really for that matter a stock Gen2 head that will support 700HP. You might get there with a Gen 2 head with work. A 700HP big block even of you start with a block you already have will cost you more. If your starting from scratch you need
Headers good headers are the same price for either
After market oil pan I have yet to see a stocker that will support 700hp
Heads --You can use stock 6.1 or apache heads
Rockers---You can use stock gen 3 rockers on a 700hp build
Rotator is the same money
Machine work is the same
No brainer I built one and the only reason I would build a BB or Gen 2 hemi now is if I would want to go NSS racing again (which I do) but I hate the thought of building another BB!!!!