If you're going to be rebuilding and maybe building it up some....
1. Contact CZLN6 first about getting his book. It's the best thing that ever happened to these 200 sixes.
2. I'd say, if Dave (above) concurs, that the Fairmont/Zephyr/Late Mustang or late Capri engines are your best bet. They are the last version of these engines and have most of the goodies already built in, including the 1.75" carb opening, Duraspark, etc. The oil pan and pump pickup will have to be changed to swap into a 'Stang or Falcon. The only thing they lack is compression ratio: they ran between 8.5 or 8.8:1 from the factory. Mostly, this appeared to be done by raising the deck height, so consider milling yours to fit the thicker head gaskets that are mostly available. Or, check my post in Buy-Sell-Trade for some of Ford's own replacements: I still have a few left. Go for 9:1 or a little more.
3. Be sure to get the Duraspark and wiring harness, distributor and throttle linkage, too. Grab the fan clutch, if it has one.
4. If you're lucky enough to find a late Capri/Mustang with this engine, grab that hard-to-get Weber carb and adapter, along with the air filter. It flows more than you're used to on the old engines, plus it's 2-stage!
5. If you get the "standard" Holley 1940 or 1946 1bbl carb, get the choke piping and exhaust manifold setup, then put a pipe plug into the EGR hole on the exhaust manifold. This will make the choke work properly: see my post in Hardcore Tech for more info about that.
Have a ball, but don't strain your back - these guys are heavy, as my still-sore-1-year-later shoulder can attest...!