So you're saying I should be looking for an 83-84 Mustang, that has the 2.95 1st gear?
I'm looking at your tentative package. It gives me a good idea what you're working with. Don't take this wrong, but actually realizing even 200 hp in a flatty does not come easy, nor anything near inexpensively...just sayin'!
You're building an 8BA....not a thing wrong with that. With that in mind, I would suggest that you look for an '83-'87 Camaro NWC T5. They have the 2.95 1st gear gearset. The case will have the familiar Chevy bolt pattern and the input shaft will be 26-spline. I suggest the Camaro for a couple of different reasons, one of which is the ease in adapting it to a flathead. Below is a picture of a Camaro-based T5 that we just adapted to an 8BA in a '35 pick-up. In fact, we modified the rear of the T5 so that we could adapt it to an original Ford torque tube rear end. Click the link
below for our complete thread on that build, which includes MUCH basic T5 info. Anyway, note the WILCAP adapter, which is bolted between the 8BA half-bell, and the Camaro T5.
http://www.fordbarn.com/forum/showthread.php?t=206955&highlight=t5+torque+tube
Your plan above indicates that you want to run a 3.73 or 4.11 rear ratio. Nothing wrong with that either, but ALL the more reason NOT to run an S-10 gearset with a 3.76 or 4.03 1st gear.
IF you were to run a 4.11 rear in combination with a 3.76 S-10 1st gear, that works-out to an overall 1st gear ratio of 15.45 to 1. Think about it.....that's worse than the granny 1st gear in an old backwoods lumber truck. And if you get the S-10 with the 4.03 1st gear ratio, that's even worse with an overall 1st gear ratio of 16.56 to 1. Multiply 1st gear times the rear end ratio. Just to give you a realistic idea of why these combinations are awful, most old Fords had a 2.82 1st gear ratio (the Camaro V8 T5 is really close at 2.95 1st gear). Most of those old Fords came with 3.78 rear ratios. That combination works out to a 10.65 to 1 overall 1st gear ratio. I've always felt comfortable aiming for a ratio between 8.5 and 10.5. In fact, these two numbers are very close to what most standard shift automobiles with torquey engines seem to come with from the factory. One more thing to figure into all of this is rear tire diameter, but if you get the gearbox and rear end gearing way off to start with, you're going to be VERY disappointed in the result of an otherwise really-cool-shifting old hot rod. I hope this helps a little. I'll try to answer any questions you might have. The Camaro NWC boxes are still out there at swap meets and on Craigslist. Then, you'll need the S-10 tail housing, along with the correspondingly short shift rod. This stuff bolts right up. DD