would it be benificail to get a low mileage engine when i might just be replacing the crank and pistons anyways?
That is really not all that needs to be done.
Granted if al you want is a stroker, you coudl possibly find someone to do it, but even then, the bearings will all be replaced, new rings, bored, honed, oil pump, timing chain, igniton, then they will refurb the head. Plus if they are smart they will also replace the starter and water pump, as both are old and the starter needs more power, or at least full power. If the radiator is not new, it will need to be freshened, same with the fan clutch, and clutch itself. The new power will probably destroy a 120k+ factory clutch. You probably will need a new chip as well.
Then there is trans and rear end which should at least be checked.
That is just off the top of my head.
No point in worrying about mileage, anything that wears is re-done. This is also why strokers are so damned expensive. You basically start with a rebuild and add on from there.
Rebuilt M42, expect $3500, without stroking.
Then you get into how much mre do you want or need. A stroker could use more air and fuel, so now you are looking at injectors, a custom chip ($00-$800), ported heads, ported intake, how about a new cam as well?
Strokers are truly the better way to go. You can increase milege (depends on the car, in this case, yes), the motor is rebuilt, rather than slapping a turbo or blower on a car with 120k+ miles, and you basically start with a larger factory engine, without a turbo or blower that needs rebuilding every 100k. Plus, this motor is not straining to make power any harder than the original motor.
For probably close to the cost of a turbo kit and rebuild, you can get a 2.0 stroker (built and bored over, not actually stroked). The turbo as well as the blower has more power potential, but places more strain on the engine, will not drive the same as a larger displacement, and will generally be noisier and generally have shorter lifespan.
If you really have the bucks a built 2.1 stroker with a turbo or blower would be the way to go though. 350hp M42 with a killer powerband anyone?
Honestly, there is no replacement for displacement, unfortunately in this case, another other addage also applies. "Speed costs money, how fast can you afford to go"