You could probably still put 350-400 HP to the wheels.
Ditch the Speed density.
I would tear the motor down, get the heads surfaced and put some bad *** head gaskets on first.
You could go really low 12's maybe high 11's with that set up.
The Novi 2000 is a bad boy 
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92' LX-Big brakes, Lots and lots of suspension, GT40X heads, Ported cobra intake, stock cam, Vortech SC trim.
00' Lightning-Stock
88'CRX-13 second ego killer
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