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tfarhoods point about a used Cobra is a good one. If you really want to build it yourself, by all means you should. But if not, the used Cobra market is a buyers one right now.
As for FFR, I should say first that I own one, so I could be biased. But yes, they are a reputable company. You'll find that one of the biggest things that FFR owners say they love about their cars is the "family" that FFR is. Owners support each other, get together and such. And the Smith brothers (the owners/founders) are class acts. But that isn't to say there aren't other great cars out there. As the others said, it's what is important to you that will be important in the decision. Do you care about exact originality? What motor do you want? How much work do you want to do? How much to spend? I agree with doubling your original estimate, partly to keep the wife happy?...see below
If you build it yourself, the wife is likely to get a little upset at some point. But the first ride in the car will change all that. I didn't build my car, so my wife didn't have that problem. But my new motor cost me a new wedding ring for her. She actually likes the car and enjoys riding in it.
Steve
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www.midatlanticcobras.com
No, it ain't "real", but it's real fast....
Some people choose to rattle their windows with stereos and speakers... I choose to rattle windows with my right foot.
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