Believe it or not, the 160 stat will not help you out. It will basically stay open all the time. Some here will tell you to get a 180 and some will say stay with the stock one. Me, I use the stock 192.
As for the motor upgrade; If I had the money, I would get a 331 or a 347. Or you could just rebuild your bottom end and then put that ATI on there.
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The sig says it all.
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