ok, So i'm going to be buying my 3rd gen back from my friend sometime this month for cheap.
My plans for it are to be a fun, track dedicated car, where performance parts arent as costly as LS1 parts. It will be a slow project that will be built up in time, with goals to hit low 12s, high 11s N/A, while staying carb'd and keeping it simple. It will have more weight reduction done to it. I wanna run it as is with the stock TBI motor first to get a baseline number at the track. it doesnt really have many mods other than a K&N filter, catback, !cat, a few free mods and a 9bolt discbrake rear with 3.45 gears. it was a pretty strong motor for a 305. I will leave it up to the ninja to go 11s or possibly faster this year
Im not putting any other engine in it until next year. The idea here is to see what I can run with the 305. Im not trying to break any records or prove people wrong. I am just curious as to what it will run like, sound like and go down the track. Im not doing any LTX or LSX swaps. it will be a carb'd smallblock.
MMKK, so here's a list of things i put together. some i know a good deal about, others i would need some helpful insight and what not

Im trying to keep the budget under or around $2,000-2500 this year, not including the price of the car in there.
Things on my list kind of in order-
some are used, some things would be new
Phase 1-
700R4 $150
3800 stall converter $350
ET streets or similar prefrbly cheaper than $330/pair not drag radials either
Longtubes 160.00 (new) and some kind of TD setup with a X pipe
Xpipe- $85-$95
bullet mufflers or something to quiet it down a lil $25-$60 each
and then run it, maybe before the headers and TD's, then run it after the headers and TD's
Phase 2
Some kind of a good Intake manifold I can find them on ebay, but brand new they run for $150+
http://store.summitracing.com/egnsea...115+4294903503
a 4bbl carb 650 cfm ? My friend's brother rebuilds quadrajets no problemo. either that or find something on ebay cheap
Heads- $700/pair
http://cgi.ebay.com/ebaymotors/PROCO...spagenameZWDVW
cam & lifters- $190.00
http://store.summitracing.com/partdetail.asp?part=LUN%2D60104LK&autoview=sku
hardened chro-mo pushrods were $130-140
and if i needed rockerarms-
http://store.summitracing.com/partde...6&autoview=sku
then, gaskets cost for the heads/intake, miscllaneous crap $$??
some things i could get cheaper from ebay/forums
Now, I understand that this is only a 305, but i just want to see what i could get out of it until the time came for a new powerplant next year or the year after. and yes the bottom end would remain how it is

no seriously, it would. Im kinda new at putting a top end together as far as what to get, so i am open to polite suggestions as to what i would need. and i must stay within the $2500.00 mark. the H/C/I probably wouldnt be done this year. maybe the intake and carb at the most. and would a 3800 stall be a waste before the H/C/I install? i dont know much about stall converters and their full potential