Huh? What do you mean "takes off". Do you mean do we build LS motors now instead of gen1/2 SBCs then yes.
If you mean "do the LSx heads drop onto a gen1/2 SBC", then no, not at all. only thing common between them is the cylinder spacing. The LS uses 4 bolts per cylinder like a ford, instead of 5 like the SBC, the firing order is different, the valve layout is different (ports are symmetric vs mirrored), etc.
Mostly what i've seen is making the SBC take a symmetrical head. Saw some INSANE CFE pro stock heads at the machinist last year, he was building them in a large bore, short stroke deal setup for bonneville to run like 11krpm.
Since a short block is mostly just a short block, I'll be interested in seeing if LS heads/intake manifold/headers takes off in the SBC community.