As the Proud new owner of a LT1 Caprice ..let me help out.
Vette LT1 4 bolt main block aluminum head
300hp
Caprice 9C1 , roadmonster , Impala SS 2 bolt main iron head. Impala SS has electric fans Caprice and roadmonster have clutch driven fans 260hp
Camaro: 2 bolt main blocks , aluminum heads 275-285 Hp.
These are just basic differeces. The nice thing is that you can get LT4 heads and put them on any of these LT1 series motors.
They all have reverse flow cooling. Keep in mind Roadmaster and Caprice ECm's are limited to 108mph. Impala SS's are not limited. Also keep in mind the chips are HARd wired , no swapping , need a power programmer.
Even if you have a Iron head Lt1 you will have no problem laying down serious ass whoopings. Getting a caprice with the LT1 into the 14's is like shooting fish in a barrel.
as for the TPI , or L98 motor. It's a low end Tq motor , great for autocross , in stock form power falls off at about 4800rpm. But Tons of Torque , more so than an LT1 in the lower RPM range.
I say wait and get the heads later. The motor is a beast , nice powerband. I love the TPi and we have an 87 Vette used for autocrossing , but I still reccomend getting the LT1. Newer design , better platform for cheap power. There is a huge aftermarket for the LT1.
The LT1 has to be moved over in a Fiero because of the drive belt setup I believe.
There is a site ont he net devoted to a Lt1 Fiero.
Jonathan McCreery
1994 Caprice wagon
LT1 ARizona Speed and Marine Cold air,
BBK Throttle body, Dynomax UltraFlows,
2.5" full duals,Transgo Shift kit,
Posi , Eibach springs , Police sway bars. 17x9 ROH Impala SS wheels , SS grill, and lots O woodgrain.
Good for a low 15 , with some gears , high 14 , perhaps I found a home for my NOS kit? hmmm..
Fun Fun Fun
Needs some new gears. 2.73's ewwwww
JM
also have a Fiero..thats unfortunatley not quite as fast 
[This message has been edited by Slammed Fiero (edited 12-06-2001).]