The Lightnings come with a supercharged 5.4 liter V8. The whole drivetrain has been beefed up to handle the conservatively rated 360 hp and 445 torque. Stock form, they do about 13.9 sec. With a chip and filter down to 13.5 sec. Visit http/www.nloc.org for more info.
Where are you in TX? I live in Shreveport, you can check out the pics of my L and Cobra under 95 Cobra 00Lightning.
I ran a best of 13.76 at 98 mph into a 15mph wind. Truck was bone stock with 9500 miles on it. Another stock 2000 was running 13.6s and 13.7s all day with a freakish 13.49 thrown in. The 2001s are running 3-4 tenths faster than the 2000s. Many are getting 13.3s-13.4s stock.