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Hello Shane,
Welcome to the club. What anybody wants to build their image of a cobra in to is up to that individual.
As for your desire to put a modern high HP V-8 into your car the real issue you need to look at is all of the modern electronics that need to go with it for it to run and you be happy with it.
Tranferring the Computer and all of its attendent sensors ie. Battery temp, fuel pressure, engine sensors for the smog equipment etc. etc. may be more than you want to deal with. I have found that the simplicity of the mid 60's technology to be the answer...PCV valve. Ford/Chevy/Mopar that is up to you. I'm sure you will hear and inherently understand that anything other than the Ford engine will affect the resale value down the road.
Tony R.
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