Hi JohnS, that indeed will be an interesting conversion. It's funny how different people prefer different conversions for different reasons and, no doubt, come up with different assessments of that conversion (just got to be different).
Some three to four years ago, Silver Star Spares took part in, I think, the Variety bash. In the first year, the Ch. 109 300SEL 3.5 car they used was left pretty well standard, save for rallying necessities and they also eliminated the air bag suspension in favour of conventional springs. They had a satisfactory rallye.
The following year, they fitted the M117 450 engine, with the standard three speed box. When I asked them 'how things went' (among other things), they said that the 3 speed box was the much preferable choice. It would rev out better and that part of the conversion certainly got the 'thumbs up' sign.
Of course, the 126 four speeder is a vastly different box to the 108/109 automatic four speeders, so might fit the bill more nicely.Be interesting to get Delilah's opinion in due course. Regards Styria