That sounds like a pretty good plan. Bagged out Lincoln LS’s are nice… If it has 108k I say it’s a prefect candidate for a 4.6 4V…
As far as rims… You’re right nothing big or gaudy… Something like an 18" or 19" forged multi-spoke wheel would look good. Anything from BBS I think would be good too, although $$$.
What color is it now? I really like the dark red and dark blue they came in. Ford Mineral Grey or a shade darker would look good too.
Bagging it would be nice, especially if the wheel offset sits just behind the wheelwell. That would be super clean. Don’t do chrome wheels though, body matched w/ polished lip set off those LS’s very nicely, especially that deep red color.
wait till you have to replace the transmission. it is some special transmission by Bentley and imposable to find used and a new one is like 2600. oneslowbowties friend kenny has one. they look awesome but parts are outragious
Mine is Charcoal Grey. That blacked out lincoln in the pic is nice, it’s just riding too high. And the 4.6 idea crossed my mind many times so far. I was also thinking about the tranny and a 5.4 s/c motor from a shelby. I dunno how much work it’d be, but I’d make it work.