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It' simple. Just get you a chevy 350, a transmission and a transfercase that bolts together and install it in your scout.
Don't waste your time trying to bolt a 350 to your scout transmission... Keeping it all chevy will make it easy.
 

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I did this same conversion to my scout, you can get the adapter from advance adapters to bolt the 350 to the scout trans, the nice thing about this is, no custom drive shafts, so spares are plentiful, plus the 737 trans is super tough
 

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I put a 350/th400/203 in my scout, but I am still in the process of getting it drive-able. I decided that since it would have cost me the same amount to get my Torqueflight 727 rebuilt (the IH motor needed an overhaul too) as it would be to buy a truck and gut it to get the scout running I decided to do the entire drive train transplant.

I am thinking of doing a picture filled thread on the build; think people would be interested?
 

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I am going to start this same project either this summer or next. I have a Chevy 350tbi engine that is already connected to a transmission and transfer case. However, I am now wondering if it would be easier to just purchase the adapter kit (Advance Adapters) and keep the Scout II 4-speed manual and the rest of the drive-train as it is.

Transmission is good, transfer case is good, drive-lines are good.

As I see it, the cost is about the same either way. 2 custom drive shafts is about the same price as the adapter kit. Just swapping the engine would probably require less alterations of the Scout chassis / interior. And the transmission and transfer case that came bolted to my 350tbi would probably be easier to sell than the old Scout drive-train parts, hopefully helping me recoup the cost of the adapter itself.

Maybe I just talked myself into the adapter swap option. But I would love to hear what others think.
 
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Future Upgrades / Rebuilds

DuoDS: you are correct about ease of the project with just an engine swap (advance adapters has engine mounts for a great price), BUT the only custom work I had to do was a x-member for the x-fer case to mount to (3" Channel) and new drive-shafts (Stock front GM Shaft from my donor truck worked so really only the rear is custom).
It IS kinda difficult to sell the original drive train (for good $) but I unloaded mine for a great price to a guy looking to restore a Scout II.
I figured that in the future getting parts for the GM x-fer case would be easier than the IH one. 727 Trans are a "common" Chrysler tranny so getting it rebuilt should not be too bad for parts.
 

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Mut: did you find that the chevy xfer case hung down much further than the IH one? I have had people tell me that doing the full swap was not too hard, but the xfer case hung down. In order to get your ground clearance back, you had to lift the Scout.

I was thinking of installing a lift kit anyway, because that is an easy way to get replacement suspension parts, and they seem to be cheaper in a kit than bought separately, but if I need more hight because of a drooping xfer case, I might go with a 4" lift.
 

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Mine Is lifted already but...

My Scout already has a lift on it (not sure of size) but here is a pict of how mine looks after the install (my build) look at the "exhaust" update and the piutcure from the side showing the cherry bomb you can see the x-fer case in comparison to the frame. If needed I can take some measurements of my setup so you can get an idea. If you cut off the AMC engine mounts and use the ones from Advanced Adatpters then you can esentually "lift" the engine up some too (jsut becareful for the fan shourd).
 
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