I had a 12 second 4cyl with nitrous... i wouldn't consider this really special at all. It all comes down to one classic saying:
"Different Strokes for different folks." Some people have the money for a V8 (gas/insurance/8 of each part)...some people don't, and others just like to be different (I.E. SLOW.) and it rarely works out for the best. I'll respect a guy with a nice V8 who's running 10's just as much as a guy who's got an all motor 4cyl running 10's. Both took a lot of work, and thought. There is no answer to this arguement *remember that*.