Under those circumstances and usage, you should have no problem. Lots of S10's running around with V8 swaps. I am using one in my T and in my '39, one has a 350 Chevy, the other a 406 Olds, and know I can't do smokey burnouts all the time, but that is not what I plan on doing anyway.

S10's are really a nice fit for streetrods, plentiful, and consequently pretty cheap.

Don