I've seen quite a few converted ones here in Thailand.
One had a RD28 Nissan diesel...
One had a 1g-ge 2 litre inline 6 toyota 160hp
One with a 1g-gte twin turbo toyota inline 6... 220hp
One with a 1jz-ge 2.5l inline6 toyota crown engine.
I've been in only one though... it was the 2.5l one... The engine was so smooth, you didn't even know it was running unless you touch the hood. And it was pretty quick, actually, we were going over 200 on the highway, he unlocked the ECU... and the speedo was off gauge.
Folks here convert all their 2xx 7xx 9xx to the Toyota crown engines... easy fit, cheap parts... and POWER! (the 2.5l turbo has 280hp on it...) But the fit into the 164 wasn't as easy as the other series... cause of the crossmember spacing.
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