Five0, look at my setup in my sig, it is not that much different then yours except for the trans and cam. Last time I went to the track I was having a problem with traction, and had a trans that would not shift into 2nd unless the rpm's went down to 2500, and managed to pull off a 12.2 If you have any questions E-mail me I will try to help out.
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79 hatch w/ NA 347,stage 2 Canfield heads, out of the box Victor 5.0 intake, solid roller cam, Aeromotive fuel system, proshifted TKO II.MY CAR
http://www.mustangworks.com/cgi-bin/...splay.cgi?1288
93lx all stock + tremec