Really dumb question
If the motor in the new Z06 is mounted lower than in the C6, this may be one reason it will only be available with a manual transmission. (That and they probably can't make an automatic stong enough to handle 500hp and make it cost effective.)
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The C5 had oil starvation problems which is why the "batwing" oilpan was developed.
The C6 doesn't use the batwing pan, but GM Powertrain have done some serious work to the new oilpan to make it work within the handling limits of the C6. The Z06 C6 should push the handling limits even higher, making the oil starvation problems even worse.
GM doesn't seem to do much of anything if they can find an easier and cheaper way to do it just as effectively. My bet is engineering / R & D just couldn't make it happen with a wet sump. Not that a dry sump is a bad thing, mind you. But certainly more complicated and expensive.
Just my thoughts.
'Dreamin'

