I think that most, like the one I got, were already spoken for at least a month before GM released them. I had gotten real tired of waiting for the cars to be released, and had almost bought a brand-new LS2 in a crate. If another week had passed, I probably would have already placed the order. These drivetrains could be bought for about $7500 from the first generation Salvage yards, but I would expect them to be popping up at the performance engine resellers for $8000 to $8500 in the next few weeks, depending on transmission. Even at $8K, it is not a bad deal when you start adding up all the little bits and pieces. You can buy a LS2 in the crate for $5300, a trans for another $2000, but tby the time you buy all the accessories, computer, harness,ect, ect. You can easily end up with $10K in the drive train. Unfortunately, almost none of the accessories from an old LS1 are usable, and the harness and computer are different as well. What really suprised me was how much smaller the computer has gotten, it is a fraction of the size of the old LS1 ECM!
I had originally planned on using the new LS7 engine in the 65 project, but it does not look very likely that I would be able to buy one for at least the next year. GM released the dealers to take orders for them, and then cancelled all the orders. It now looks like very few will be made available in crate engine form this year, and there are many people standing in line. After a little research, I also found out that it was going to be a very expensive engine to build. The base engine is $13K, and does not include the oill tank and lines, computer, harness, or any accessories. The PCM is special to just the LS7 and will be at least $800, the starter is also a LS7 only item and will cost over $400, the alternator, PS pump, and all the accessory brackets are also LS7 only items. By the time you bought all these items and got the oil tank and lines for the dry sump, you could easily end up with $25 K in this drivetrain!
Even the oil filter is special and has unique threads so no other filter can be used. I can see this engine being discontinued in a year or two, and parts becomming a real problem to find, just like the ZR1 engine!
Regards, John McGraw