This is how I see it ( I could be wrong, ask my wife
)
People who "collect, are into, invest in " E-Bodies are most interested in how close to Original it is. If it still has all the major items it left the factory with, it's worth big bucks. If those parts are Hemi's, 440-6's, 4spd's, convert's etc. even bigger bucks. To most, if the major item has been replaced with a non #'s matching one, the value goes down. If it has been replaced with a different part ( a 440 replacing a 383 ) down goes the value.
On the other hand, people who have a bit different interest in E-Bodies, buy them to race, to just drive, to recapture their youth, etc. are looking more for potential. If the body is straight, no rust, major parts they want in the finished car are there, so much the better. A Hemi clone is a great find, as long as it doesn't cost like a #'s matching original. A 318 3spd is OK too, costs less and can be converted to a 440 4spd without a whole lot of trouble. Now if they find a #'s matching car at a "potential" car price WooHoo
Of course there are all kinds of people who are a little of both or not at all like I've described. Me, I fall somewhere in the middle because of the size of my wallet. But overall, condition plays a big part, however you look at an E-Body.
Just another opinion ( I got lots ),
P.G.