On the race cars, the big advantage is the ability to circulate coolant while it’s not running. It’s also worth a minimum of 5-6 horsepower over a mechanically driven pump.
I was building the electric pumps for the Y for awhile but the manufacturer of the electric drive I was using changed up the design which created some fitment problems with the aluminum housing I was using. I simply haven’t had the time to redesign the housing to accommodate a different design electric drive.
Here are some links to past threads giving more detail on electric water pumps for the Y’s.
http://forums.y-blocksforever.com/FindPost37438.aspx
http://forums.y-blocksforever.com/FindPost33115.aspx
http://forums.y-blocksforever.com/FindPost15047.aspx
http://forums.y-blocksforever.com/FindPost54890.aspx