Yes. It is now official. The jury is in and my 4.9L swap into my 87 GT has been officially "approved" by the smog police (more commonly known in Cali as Bureau of Automotive Repair or BAR).
I spent a total of about 1 hour at the referee station and the only time I called BAR was to schedule the appointment. Easy. 
I know I will get asked so here is a brief rundown of how to do this in CA if you don't want to mess with BAR and/or get it done painlessly as possible. I got mine done as an engine change not as a special construction vehicle.
1. Make sure the configuration is the same as the donor vehicle. Engine, trans, wiring and computer have to match. Sorry no manual trannys. I am not even going to go into that headache - there are others who can explain it better than I.
2. Do a good job on the install. Sloppy work will almost always guarantee that they look harder to find a reason not to pass it.
3. Functioning ALDL and SES or check engine lamp.
4. Engine set at the proper timing.
5. Visual shows all the emission equipment in place in good condition and functional.
6. Pass a tailpipe exhaust gas test.
A huge amount of thanks to Rockcrawl for assisting with this. You are the man Jon!!
For those that want a bit more info, my sig pic is linked to my website.
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