its going to be a tight fit. Im pretty sure there is less room front to rear under the hood of the s12 than the s13. Also, I dont think a sr20det or ka24de just bolts into a s12, so you will most likely need custom made mounts and drive shaft. If you keep the power steering, you're probably going to have to move the radiator forward somehow. I have a koyo racing radiator in my s13 and I can barely fit my finger between the pully and the radiator.
Thats my 2 cents. I make no guarantee for its accuracy.
check out
http://www.club-s12.org/ for s12 specific info. (no s12 luv on nico)
I used to drive an 85 200sx xe from time to time. Much fun.