What is the car anyway? I'm assuming a Regal, but? I don't think anyone is arguing or saying one engine is better than the other. If the 403 you are looking at is in fact a 403, the only reason it would be labeled a "Buick" is if it came out of one. They came in Electras because it was the biggest gas V8 engine at GM at the time, so in a way it became a replacement for the 455's in the downsizing era (despite being a small block.
Another thing to consider with the 403 is the windowed mains. Oldsmobile never made 4-bolt main small blocks (or big blocks that I'm aware of). You could get a main halo girdle for peace of mind. They make 3-4 thicknesses, the thinnest ones don't require machining. I bought the intermediate one for my 307 Olds from a private party but I found out afterwards that it required main cap machining and special length studs to use. Needless to say, I really didn't need a main cap girdle and didn't intend for the rebuild to get more complicated than it had to, so I sold it. I don't think most applications would need a girdle, but if racing or hard driving is in store it would be a good idea.
Here is an article on the T/A 403 and modification:
http://www.texastransams.com/articles/2002ron_l_403_article.htm
Another thing to consider with the 403 is the windowed mains. Oldsmobile never made 4-bolt main small blocks (or big blocks that I'm aware of). You could get a main halo girdle for peace of mind. They make 3-4 thicknesses, the thinnest ones don't require machining. I bought the intermediate one for my 307 Olds from a private party but I found out afterwards that it required main cap machining and special length studs to use. Needless to say, I really didn't need a main cap girdle and didn't intend for the rebuild to get more complicated than it had to, so I sold it. I don't think most applications would need a girdle, but if racing or hard driving is in store it would be a good idea.
Here is an article on the T/A 403 and modification:
http://www.texastransams.com/articles/2002ron_l_403_article.htm