[Dark_5.0]

The cobra intake and mam and 65mm TB will support way more HP than what you are making. Roughly about 425 FWHP.

The heads are the bottleneck.

I know people with the GT-40 intake on 351 based engines making over 400RWHP through a 65mm TB.

There are a number of things it could be. Maybe the cam is a tooth off??? I doubt it but you never know. I am not sure about the 94-95 cobras but the 93 cobras have a mass air sensor calibrated for 19# injectors even though it has 24#er's the ecu makes up the difference. So be careful buying a MAM calibrated for 24# injectors.