Wow there is nothing like posting a thread and forgetting it for a week
I have done some more thinking about it, and I am leaning towards the Volvo. I would like the wagon because of the space/utility, and I just looking at the 240's motor bay, it appears to be a breeze to work on.
There is always the 351" Volvo factor after the 4-cyl gives up the ghost too!
Today though, I was out and about and it was amazing just how many MB diesels and 240s were on the road...I am up in NE, and no lie I saw about 10 300D/SD Mercs running around, and about as many 240s if not more.
I have thought about other/cheaper/newer alternatives. I am all set with more or less any Ford or Chevy product at this point in time, save for my SVT. I was thinking about maybe a Saab 900, but I am not sure if I see the same low operating cost happening for me there. The Subaru would be an option, but again I am not into rusty old rides, so may be a bit of a search.
I did however, find an intersting sport-utility alternative however...
http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=1845778832