new gen LT4 will add 100 lbs. compared to the N54. While that may not seem like much, it's a 25% increase at the snout. My experience with BMW swaps (BMW family motors) is that the driving dynamics are impacted. If lead was not so expensive, I'd tell you to get four 25 lb. shot bags, throw them in the engine compartment and see how the car drives, just for mock up.
I agree you won't hit the $70-80k Z06 cost. But I'd run scared from this comment. Engine swaps are involving. The devil is in the details and the sand in your shoes is what kills you. Both time and money. Especially when doing something that has not been done 100x before you (i.e.; LT4). Resale value is questionable given the money in, and then there is the "there's an ass for every seat" problem of finding the guy that wants to drop decent coin on an LT4-swapped BMW.
Don't get me wrong, the LT4 is a badass unit. And I'm a fan of a meaty undertaking like what you are proposing. Here's a guy that did a current gen Camaro and
slammed a wet sump LT4 into it. Slightly interesting read - make sure you hit
post #46 for a parts list (always interesting, right). He claims 2 months to do the install - and that's a current gen GM chassis and engine product swap. His comment was, if doing it again, would just do an LT4 supercharger swap the original motor and forego the lost time and cost. Domestic-wise, I'm a Ford guy not a Chevy guy so don't know much about the platforms.
Don't mean to be negative, just thought I'd throw some thoughts on since I surmise from your thread that you're exploring and kicking the ideas around.
I'll leave one other comment - I am surprised that a reliable 650whp N54-driven car is not a reasonable option.
Filippo