Tbirds are hard to mod. I wouldnt go with one unless it already had a decent powerplant. The stock 5.0’s in those are slugs and so is the 4.6 stock. LS1’s are a better bang for the buck obviously and run low 11’s with only a few bolt ons. I had to supercharge mine to make it a contender.
Do it.
And for some inspiration, LZ:
http://forums.offtopic.com/showthread.php?t=4247834&highlight=notch
http://www.nyspeed.com/forums/showthread.php?t=68524&highlight=notch