That makes it sound like buying the whole car is a waste then. Maybe Ill just look for a engine/trans/computer and go from there. Sub frame connectors are in the plans as well as new sway bars and bracing up front. Is there a reason you recommend larger drums, as opposed to discs in the rear?
the larger drums because it is easier to hook up the emergency brake cable, but if you want rear discs, go ahead and install them. if you shop around though the drums can be cheaper to buy than the disc brakes.
As for the engine combo my plan is achieve my ideal highway rpm between 75-85 mph. So, my differential gear will most likely be changed to get me there. Im thinking something along the lines of a stock cam or maybe a slightly different cam to get me more torque at my cruising rpms, GT40p or AFR 165 heads, Cobra/GT40 intake. Hopefully something like this will get me into the 300-350 fwhp range and not hurt too bad in the mileage department.
a mild aftermarket cam will get you closer to your goals than a stock cam will, especially with aftermarket heads. you dont want to go to wild though on the cam, again select one that operates best in the 1000-5000 rpm range.
What cruising rpm should I be targeting to maximize my mpg? 1600-2000? 2000-2400? 2400-2800?
My goal of 30 mpg is what I am targeting. If I were to fall short and only get 27, I wouldnt be crushed, especially since my 95 acura integra is getting me 28-29.
1600-2000 rpm is about where you are going to get your best fuel economy with a V8. so to figure out what rear gear you need, start with what tire you are going to use, and what overdrive ratio you have, and then play with the numbers.
the formulas you will use are;
for tire size section width x 2 x (aspect ratio/100) / 25.4 + wheel diameter. example;
(225 x 2 x (60/100) / 25.4) + 15= 25.62
for what gear you need;
(engine rpm x tire size) / (mph x 336)= rear gear ratio.
example;
(2386 x 25.62) / (65 x 336) = 2.80.
to figure out what rear gear you want with the overdrive just take the calculated final drive ratio and divide it by the overdrive ratio.
example;
2.80/.7od=4.00:1 rear gear.