The rebuild is due to the oil pickup breaking off causing oil starvation. Full Rebuild, Gator motorsports in Indianapolis Indiana is doing the work, they have rebuild many V8 engines including the owners (he races his a bit). They have done stock to not so stock rebuilds.
He (Owen) plans to let me know more when he has it torn down, and I have asked about upgrades that may be needed. He said the only real upgrade is the pistons and that will be up to me since it is a stock rebuild. Of course if I ever did decide to add more having it done would be added value.
Having owned an all out performance car prior to my Lotus, I had a Cobra Replica with an SVO 460 with 550 wheel horses and zero safety items in the car. I have no issues with how the lotus performs as a fun weekend car or even cross country trip vehicle. I have no intentions of dropping to 3rd gear at 70 MPH on the interstate to just spin tires, I had enough of that in the Cobra. I want to enjoy my dream car and just drive it.