Crazy is correct! Let me tell you, as some one who is in the throes of a ground up rebuild, there is an absolute ****LOAD of things which you haven't even begun to think about yet that will cost you more than you can imagine!
And I'm only building to standard spec! (ish...

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You have two cars and cant afford both, so you want to *build* a third? And when it's done and you are up to your ears in debt, will you be able to bring yourself to sell BOTH the Landy and the Kingswood to pay of the looming financial institutions?
Keep in mind that you will have to engineer the engine too. You can't use an engine that is older than the chassis, and you can't have a V8. So say you put in a V6 commy donk, then what do you do for a Gearbox?
It all gets very complicated!
The options as I see it:
1: Cop it on the chin, keep paying two regos and have the best of both worlds.
2: Put the 2A on historic and be restricted to fun on club trips
3: Sell both and buy a cheap disco (but be careful not to get a lemon!)
4: Put the Kingswood up on blocks (or historic rego) and daily drive the 2A
4 would be my option. Nothing on Landies is too expensive (water pumps are $75 new on eBay) and you won't be too worried about ruining it (unlike that VERY nice Kingswood.

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