It is the 4.6 liter, which I am okay with, I dont do much towing and the like, and my 97 4.6 yielded me almost 230,000 miles and probably had a lot left in it. As far as the chrome pieces go, I made an official statement that I hated them before I even bought the truck and started exploring ways to get them off. When the deal was done and I brought the truck home, my wife decides that she loves them, and being that this is mainly going to be her vehicle, they will stay.