$650 to spend what would you do?

Remember when you get gears, you need to get your speedo re calibrated with the Speedcal or a chip. The speed cal is a little less then $150 last I checked.

A chip is typically one of the last mods you want to do, like the icing on the cake (so everything can be tuned, it's almost wasting money if you do it to early).

Gears is a good route, but I'd stick with exhaust and intake, pullies (the basic stuff) until your next round. I'm in the same boat, waiting for my next paycheck eagerly. :-D
 
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Nitrous, I think is the obvious option most bang for the buck right in your price range. First thing I bought for my virtually stock 96 GT for 500 bucks brand new got Edelbrock 80 shot system took full second off ET