That's the problem. Anyone that knows enough is going to be able to spot the fake and anyone who doesn't, isn't going to care what a Laguna Seca is or what significance it has.
Ehh, to each their own. I'm simply not a fan of putting badges of a different model on your car, just like I don't care for it when I see people putting Cobra badges on their GTs.
What if all of the suspension and motor work was done to make it an LS, or what if I wanted to badge my TermiFox as a Cobra, granted it is a 4 eye so no one should confuse it with a 93.