The engine is not really a 50 year old design. It's a recent late-90s ground up re-design Sami's raving mad. The earlier generation, the LT series could've been linked to the 50 year old generation. The various reasons they stuck with push-rod valvetrains was that it makes for a much more compact and lighter engine. You can have a bigger capacity engine in the same space. Ever wonder how people fit LS motors into Miatas? it doesn't take a lot of modifying to do that. Try to fit a Lexus V8 or a 2JZ in there. And of course it makes for a cheaper engine on the long run. 
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Sirjee you're no doubt a A Prof.
I have seen the LS7 installed in civics!! True that!!
I have another question...MB AMG uses only Auto trans to achieve greater torque numbers?!My question is how does the Auto trans help in getting better torque figure over manual trans?! & can we consider that every auto trans car will have better torque range over its manual version?!
So here we have both super-chargers & auto-trans the ultimate recipe for great number of torque?!