If you are not running fuel injection then that should be about all. IF you are doing suspension then you won't have to worry about the issue of springs, and if you are doing brake upgrades for road racing then you wouldn't have to worry about the brakes either. You will probably be using an aftermarket tach too, so that wouldn't be a problem either. Ingition would be different, and again an MSD would remedy that problem.
I thought about that exact same idea before, but never have tried to follow through yet. I think it would be a good chance to get in pretty cheap and still have all good components.
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