Starwolf,
Congratulations on joining the finest family in the world. You have started on a journey like no other. Hopefully your up and coming experiences will be fun and enlightening. Enjoy the ride, enjoy your new family, and welcome aboard!
As far as your 4.6 question. Wont fit in a stock unmodified body, pure and simple. Sorry. However, if you drop the motor down 1 1/2 inches, cut 2 1/4 inches out of each fender for the valve covers, (they extend this far past the hood opening) and mold a new hood it will fit.
I'm kind of known around here as the guy that knows no boundary's when it comes to customizing these toys

The secret is...there are NO secrets. Sit down and litteraly draw up a blue print of what you want, then be prepared to change it uncountless times! The bottom line...built it your way! Ask for help, ask for opinions, find somebody in your area that has been on the journey and go investigate. In fact, let us know where you are located, maybe there is somebody close enough to help out.
Once again, Welcome!
DV