what will it take to beat my buddys 94 corba

we have had a good sported rivley between the two of us for sometime but he is always one step ahead of me. i'm getting a 5.0 fox body and should have 7-10g's to spend on up building it up. some of the money will go to paint and rims but most will go to power.

here is his set up: 94 corba with all the bolt ons (chip, cold air,t.b.,mass air, bbk shorty headers, alum drive shaft, off road h pipe, flows, short throw, and 3.73 gears) he also will have the holley heads and a custom cam soon.

what kind of power do you think he is making? and what will it take to get my 5.0 fox gt to beat him. i'm thinking a 347 or 306 with turbo.
 
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