holy buy a new car poorman...
sorry, just busting your balls, but seriously
consider upgrading the car before you dump a bunch of money into it
late 80's accords are a dying breed, good luck finding any aftermarket support for them...
B16 is a bit lotta money for an 87 accord... and I don't think it would be enough torque... how heavy is your car by the way?
you may want to look into getting a swap from a late 80's prelude, i have no idea if it will work, but its something i always wanted to try, and accords and ludes have tended to be in the same family as each other which may facilitate this swap... check into it, you could prob score lude parts for fairly cheap, and i know some companies still offer parts for the old lude SI's
i am assuming your car is carbed or otherwise, NOT mpfi...
if this is the case I would highly recommend you get a new chassis to start with as this is a whole cluster fuck on its own...