Hi, a little update as I have been dismantling the MGF K-Series yesterday, not only to find out what happened, but also to look at the mounting options for the power unit. It will be fitted directly on the existing gearbox.
My MGF sub-frame is looking very tired so may have some work to do bringing it back up to life (I purple powder coated my Vectra C sub-frame while re-building the 3.2L engine, so may do the same here :) ).
The engine was running well before its failure, so most of the ancill parts are in good working order, so may have to sell some of those bits.
I'll also do a video soon on YouTube walking around the car with an explanation too.
The car is getting lighter and lighter, I may have to keep a running weight total of all the parts coming off.