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The LT1 (as I have been posting for the past few years) is direct injection, and within the next few years all engines will migrate to it. I dont see the V8 going away, but I do expect to see the single cam pushrod disapear with overhead cams like Ford (and every import) has done.
Also as we see, 4cyl & V6 will be the standard with less and less V8 offerings (look at Fords Ecoboost in the F-150.
Time will tell, but the V8 gasoline engine is getting rarer and rarer.
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