I’m a little out of date, since I stopped following the homebuilt movement in earnest almost a decade ago, but at the time, auto conversions were of very iffy reliability.
There are quite a few differences between an auto application and an airplane application, which aren’t evident on first blush. For example, consider gyroscopic precession. An engine is full of rotating masses. An airplane pitches up and down constantly in ways a car does not, and when it does, it puts side loads on the bearings. In addition, if the engine is directly geared to a heavy prop, that can put loads on the engine internals that don’t exist when the engine is connected to the drivetrain through a clutch/flywheel
Then there’s the reduction gearing problem. Most auto engines are designed to make max power between 4000 and 8000 RPM. An airplane prop is most efficiently typically between 2000 and 2500. So you need a reduction gear that can handle the power, doesn’t weigh much, and fits in the profile of the nose. Not an easy task, and it adds a new failure point.
Also, airplane engines are designed with reliability as their primary goal. That’s why they still use magnetos, and have redundant magnetos. If the electrical system in an airplane fails, the engine keeps running. If the electrical system in a car fails, the engine quits.
Then there’s cooling. Airplane engines are generally air cooled, a passive cooling system that cannot fail. Auto engines require water jackets, water pumps, radiators, hoses… All potential points of failure. If you lose a water pump on the highway, or blow a fan belt, you can just pull over. In an airplane, you’re looking at an emergency landing.
Auto engines are generally more complex, with more moving parts, more electronic systems, all of which are additional failure points.
Unless great strides have been made in auto engine conversions over the past few years, I wouldn’t take my family flying in an airplane that had an auto engine conversion. I might fly it myself and take the risks, especially if it were a ‘sport’ plane that I was using to just tool around the area. I wouldn’t want to fly long cross countries in it, though.
Then there’s another issue - maintenance. If your Lycoming gives you some trouble, you can find an A&P at any airport who will look at it for you. If your auto engine starts acting up, and you’re away from home, you’re in trouble. Even if you work on it yourself, you aren’t going to have your tools and diagnostic gear with you.
I’m of the opinion that experimental airframes should have reliable, non-experimental engines in them. If you want to fly an auto conversion, put it in a Cessna 172. One major change at a time. Those guys that put experimental engines in high-performance experimental airplanes that have high stall speeds and poor soft-field characteristics are just asking for trouble.
Again, maybe everything has changed in the last 10 years. So take my opinion with that in mind.