Not to bash the 3.8 but...
The 3.8, since having aluminum heads and a cast block, are extremely synonymous in blowing head gaskets and cracked head(s). My uncle worked at a local Ford dealership, and they would come in in droves with that problem in the 90's, when he worked there. I also have an 89 cougar LS that has sat in the garage for a year...with that same problem.
Id rather stick with the 200 inline, cast on cast, the same "melting points", the same expansion/contraction ratios. The expansion/contraction ratio of aluminum is WAY different than cast iron. If theyre on top of each other, different things happen to each when they get hot, as well as aluminum having a way lower melting point than cast iron.
Again, not bashing, just basic physics talk on one of the biggest mistakes that Ford made, and without a recall too..