Soooooo A few things to consider. First is the mission. Has it changed from basic just learning to fly to something else (Camping trips, STOL, contests, heavy hauling)? Second is it in need of a new engine at this time? Third is this MOREBETTERDISEASE fever, that includes extended baggage/tail feathers? If you get a 160 engine, are you going to want 3 inch extended gear to improve your AOA? ACME shocks? Bushwheels? Safety cables? Upgrade brake master and hoses? Extended Baggage (because yours is basically unsafe and using it could cause a lot of fabric damage? Baggage door? Upper baggage? 2,000lb wt increase? Keller flaps? Consider what it takes for the new engine, New engine mount? Cowling mods for engine? exhaust/muffler? Carb? Mags? Alternator? Engine monitor? You are going to need a prop for that engine? Spinner? New oil cooler? Baffling? Price out all of the above then consider Labor cost, time and hassle to get it done. Now you are moving your CG forward and are going to have that dreaded forward CG stability to deal with

. You really need to go fly a few of the 1200 lb 160/180 hp cubs and find out they are not the terrible flying monsters that some claim. You may find overall performance and utility is better. You can buy your way into good light performance (Carbon Cub) the key is to develop the pilot skill to fly all types well. The reason old guys give you the advice we do is we have seen or done it ourselves more than once. No real right or wrong just things to ponder.
DENNY