The tranny will last longer than the engines? What have you been reading?!?
With welded cams there's no question the V8 engine is good for over 200k miles. It's built to very tight tolerances and there haven't been any problems (besides the cams).
There are many V6's approaching or exceeding 300k miles, with no rebuilds. The one flaw with the V6 is the wear on the rod bearings, which should now be considered a maintenance item.
Neither car has a good tranny. The AX4N in the Gen3 seems to have problems with the torque convertor, especially. Most people require rebuilds in the 80-120k mile range. The AXOD in the SHO is similar. I rebuilt mine at 123k miles to the tune of $1700 (including shift kit).
Later!
<small>[ March 21, 2003, 09:43 AM: Message edited by: stevetatro ]</small>