I'm getting in on this thread pretty late but I'd have to vote the Vega worse than the Pinto. I worked for Ford when the Pinto came out. You could get a 1600CC motor (English) or 2000CC (German) one. The 1600 could really purr and even though it was a pushrod motor, it always felt smoother than the overhead cam 2000CC. Either way, I think they were both better than the Vega's bothersome engine. In 1974 you could get the 2800CC V6 that went into the Mustang II which made it alot more sporty although you could only get an auto trans with that motor. As far as V8 transplants, there were more than a few small block Pintos running around. If looks is important, today maybe it's a draw but at the time, I thought the Pinto was better looking.
By the way, "of all time" goes back quite a ways - like over 100 years. There were probably cars we never heard of that were worse than the Vega.

Karl