I bought one of those a while back. I got it for $700 shipped, but it did not have the computer, injectors, valve cover, pulleys and throttle body.
Now I'm getting together a long block to put it on.
I have a set of GT40p's that I'm going to port. They will be bead blasted and all ready for grinding in a few days. I'm going to add big, light weight valves, beehive springs and titanium retainers, so they should rev really well. I'll see how well that works, and if it's a disaster, I'll step up to some nice aluminum heads.
I just bought a set of $1,000 fully CNC profiled forged I-beam rods for $500, and I bought a $1,000 Trick Flow forged 331 crank from summit $511 shipped.
http://store.summitracing.com/showclearance.asp?d=1&s=8&c=1
Summit said they have plenty left, so get them while they last. They also list a 347 crank, but I didn't ask about it.
My rods and crank are rated for 1000 hp, so now I need to find a 1000 hp block. I will be calling world products tomorrow about their new WindsorR block. It's suposed to be available by the end of April and cheaper than a Dart block, and it sounds better than an R302, I hope it will work for me.
With all of this 1,000 hp stuff I guess I'm going to have to add a hidden fogger system under the intake to make it live up to it's potential.
By the way, 280 hp isn't that far off of their claim. If you use the 15% power train loss, that 100 hp turns in to 85, subtract that from 280 and you have 195 hp. That is pretty close to what we see in a stock 5.0 Any way, the real bottle neck becomes the valve train. This thing was made to rev, if you have seen the ports, you know what I mean. If your valve springs are starting to float at 6500, you are loosing power.