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What are your goals and budget for the car?
 

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Well at this point I'd just shop on Ebay or Craigslist for a used engine takeout, lots of them in the $2000 range (I can't imagine the teardown and rebuild being less), then sell your bad engine to help finance the project, the car will be worth as much as they go for these days, maybe $5-6K if it's in good shape
 

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Another budget option would be to toss the dohc and put a 5.0 in it...much, much cheaper, esp if the long term goal is something else
 

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is that for the shortblock? on exchange? Or the whole longblock?
 

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Listen, I'd just sell that car as it is and find a "tweener" car until the day you get your 03 Cobra...I've found these big projects cost triple, and take forever with many headaches as what you think and you'll never get out what you put in, not even close...trust me unless you are flush with cash, it's your best option...good luck
 
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