what mod should i do first

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alot of good things coming from these guys. I started out the same way you did, welded in flowmasters when I got the car. now it has the following

2.76 billetflow pulley w idlers
jlt rai
mac o/r h pipe
billetflow irs brace
mgw shifter
raptor shift lite
hilton boost overlay
mm full length subs
predator tune by Amazon.

a few good places to research would be modularfords.com and svtperformance.com but like UM said, post before you buy, alot of people will have a good idea what works and what is junk. the 03/04 has been out a while so learn from others mistakes and take the good stuff and run with it.
 
i have heard the smaller the pulley...is not always the best soooooo......why not the 2.76???
When the upper pulley gets too small you can run into belt slip. With a 2.76 you'll need some good idler pulleys to ensure you get the most belt wrap possible. Personally if someone wants to push the Eaton to 15lbs and they don't mind spending a little more for their pulley combo, I'd recommend a 2lb lower and a 2.93 upper. You get almost the exact same PSI (15.2 vs 15.1) but with less potential for belt slip.

U.M.
 
The first mods that will provide the best bang for the buck without requiring any special tuning would be CAI/Cat-back/X-pipe. Those three alone are good for 400RWHP usually. Are the flowmasters just welded in mufflers or is it a complete Flowmaster cat-back? You really want to get a quality high-flow 2.5 inch exhaust system on these cars if you want to make good power.

After that look at getting a good hand-held tuner (Xcal 2). It will allow you to release a few more ponies, but more importantly it will give you a platform in which to transfer custom tunes into your EEC once you decide to go with a smaller SC pulley.

U.M.

Please take 10 minutes and read this 03/04 Cobra FAQ. It will answer 99% of the questions a new Terminator owner may have.

03/04 Cobra FAQ

u dont need to get a tune for CAI???