David, I don't know about the 911s, but I know its possible to find VW engines with a process called 'super studding' done on them. They take out the failed or worn-out head studs, tap the holes to a larger diameter and insert new studs into them. I think that's a one-time shot to extend an engine's life.
I'd think you could get that done at a shop with a high-mileage engine, if that would expand the scope of cars you're considering. You might be able to spend a whole lot less for a nicer older car with a tired powerplant.
FWIW, I really, really don't like the new ones. In fact, I think the last 911 I really did like was probably the type used in Bad Boys, with the tubbed rear and the whale tail that Mr. Sartwell likes so much. It had those long upright front fenders that terminated in headlights, the disorganized dashboard and the plate-glass-looking windscreen.
Pinache, and style. In a pool of drying mud, they stood out like big, fat ... well, I don't know. I'm not as descriptive as he is.
But I like them. The new ones look like they were designed by computers, not sculptors.
And the Cayenne is disgusting. I agree with Jeremy Clarkson. Blecch.
http://video.google.com/videoplay?docid=584459383993113588&q=top+gear+cayenne&hl=en