Yes the V8 740 is a real sleeper. Does the 1/4 mile in the mid 12 second range at over 110mph. It is a very easy car to drive with will also thrill the pants off ya.
The conversion is actually quite easy, lots of room with the biggest trouble being the shifter for the 5 speed and the long tube headers and exhaust. Cost is really difficult to determine, my conversion has cost me over $8,000 CAD for parts alone so far, I am a master mechanic so I have performaed all the labour. I am building a new 5.0L Ford engine that we have spec'ed out at over 425HP, so far I have about $7,000 into that engine alone, but it will sure be fun when we install it next spring.
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