Man, when i read your thread its like i thought we were twins. I started out with the exact same situation as you. I bought a 67 coupe with a 289 2v and a manual 3 speed when i was 17. it was completely bone stock. it didn't have much power, it gets terrible gas mileage (about 12, i think), and i still have trouble starting it on cold days. 3 years later about half the car has been left stock and i'm $10,000 deep. my 3 spd is dying as we speak and i'm told it only has a few months left before it totally dies. i agree with the fordkid, if you want power the 5.0 isn't worth the swap, but you can't beat the increased gas mileage. personally i am in the middle of building a 347 stroker to drop in my car, cuz you can find a 302 block almost anywhere and then you just need to stroke it out and the 289 and 302 are completely compatible so the swap is no problem. but first i need to take that archaic 3 spd out as well as the stock rear end. hope that helps.
Jason
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67 Coupe 289, 2 1/4'' pipes w/ Flowmasters
Edelbrock 600 cfm 4bbl carb, Edelbrock Airgap intake
Hooker headers, MSD Ignition system
Next: new tranny, T5 or Toploader
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