As a former stock car racer, starting out in jolopies, and ending up in modifieds, I know that handling is the secret to to winning. The engine is not as important as the ability of the driver to drive the car as fast as the powere he has will do. Everyweek end we watch Nascar with their 800hp engines, fight the evel handling cars.
Yes install ing sway bars help, but in todays trafic even a good stock early Ford does not have the handling qualities and breaking power of even the least expensive car made today. I had a 92 Saturn that I'd run against any hot rod built today using an early suspension, reguardless of the springs and shocks you use. You can even install a SBC if you think that would hepl. Now it's time for me to go to bed.