Now that you mention it.. and not to start something, well, maybe a little something

... I just read a passage that definitely shows Dave was no fan of the 427;
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'Everybody at Shelby American used to make bets on how long it would be until the car was returned to the shop with a blown engine or in a box due to a crash. Most employees considered these cars lethal and the 427s never enjoyed the popularity with the employees that the 289 did.' (p.144)
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I think if you note that not long after the 427 came out, Dave left SA and even Carroll Shelby stated in the Foreword that when SA moved to the airport in 1965,
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the true spirit of Shelby American died and we lost alot of good people.
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This points to a longing for the 'old days' when pressures were less and the company was less 'corporate'. It's only human nature to favor the product that was created from pure passion, the 289, over the corporately produced 427.
Of course if not for the 427, Cobra replicas and the Cobra hobby would likely not have enjoyed their current success...