Its been awhile, but I THINK that just cutting the one brace towards the front of the hood enables clearance of the stealth ram. If not, there are cowl hoods for sale all over.
Racer, calm down and pick the parts wisely. Your are all over the place with your questions. Its like watching a little kid running down the aisles of "Toys R Us" pointing at what he wants, and then asking what they are. The way you're phrasing the questions seems like people give you mis information about what you need to go faster and you ask it here. You included in your planned performance mod a TB Coolant Bypass. It doesn't do anything but clean up how the engine looks.
You want a new intake setup, and stick with the 350, thats cool. just get heads and cam to match what the intake can handle. Then you are advised to get new heads, and then you say you want a 383.
Like Tru2chevy said, we went over this in another thread you started. But you absolutely need to buy something now, start with suspension/chassis first. First and foremost that I would do would be subframe connectors. Keep the car in the shape its in now.