I'm in that boat now, hence my original 4 banger bastard that is being saved from the crusher and turned into a complete frankenstang. If I had a teal 93 Cobra, I'd make it as original/stock as possible and consider it an investment. If you think it's crazy now, wait another 10 years.For the love of God....or factory cobras. Lmao
The best advise I can give is to tag and bag the engine, stock fuel system, all the bolts, computer, and anything else stock you remove from the car. The engine has a partial vin and is priceless...you can never get another one and neither can anyone else after you are gone.
If I was in your shoes I'd buy a completely new fuel system from behind bars race cars....AN fitting in tank fuel pump hanger. Push lock fuel lines...and BBRC fuel rails Get a Dart block and have a big bore short stroke 347 built. Trickflow aluminum heads, custom camshaft, and ported Holley Systemax intake. Megasquirt MSPNP2 to control the new engine allowing the wiring to stay in tact. The stock transmission would be overpowered so a Tremec TKX would be on order with an aluminum driveshaft and Stifflers crossmember. Turbo or Supercharging wouldn't be an issue.
Honestly, if I had a stock Cobra in this market I'd sell it. I'm too tempted to modify stuff. To bastardize a cobra is completely irresponsible. With 10 to 20k you could buy a clean 4 cylinder and put all the mentioned stuff in that. Might even end up with a few grand left over from the cobra sale. Well modified will always be well modified.
If it was mine it would be like torture. The Ol'Lady's 86 LX is hard for me to see stock.