Car cranks but won't turn over?!?

[Stang_Crazy]

Ok, I got the new plugs today. They didn't help anything at all. The car still has a problem firing. I tried adjusting the fuel pressure a few psi at a time from 35 to 45 psi and nothing worked. I took off the h-pipe and tried starting it with open headers....same thing. I did notice alot of water/condensation coming out of the headers.

After playing with the fuel pressure, I can't even get the car to run for a few seconds anymore. Before, it would run for 5-10 seconds before dying but now it will fire (once in a blue moon) and then immediately die. I really feel like I'm diging myself into a hole here. I'm almost ready to push it into the street and over a hill.

Any more suggestions to try? I wish I could record a sound clip so you guys could hear what it sounds like...it's almost like a gurgling sound. Hard to describe.