Short term I don't want to be that 'bad'. I want to get some semi-respectable power out of this thing and get an education. Long term I wanna own all the rice burners. If I did the 5.0 conversion and the tranny conversion like you said wouldn't it be 1 of 2 major conversions I'd have to make during the life of this car? I'm starting to think I should sell this for more then I got it for and pick up a 5.0 LX or a GT. The more I'm looking into it and talking to people the more I'm realising I'm biting off way more then I can chew, it'll probably be better for me to buy something that has stock 5.0 power and tinkering with it to get started.
Actually all my friends are GM boys and they have been teasing the **** out of me owning a 4-cylinder stang. Good friend of mine is getting in my face and going, "You bought a sports car... WITH FOUR CYLINDERS?!" Kinda funny the lack of respect for the Fox body stangs there is out there in the GM crew

Then again this guy is the only trailer park trash to live in NYC and have his property reflect that (Guys project cars include '83 Firebird, '78 Malibu, '77 Malibu and an '87 Vette, most of them up on cinder blocks and his house has no siding and no lawn, just dirt, in the middle of Queens, NY). They refuse to even get in the car for a ride lol...
Anyways, I think I'm probably going to sell this thing and get a 5.0 LX or a GT unless anyone has any good reason why I shouldn't?