I got 4:30's in a cobra, but cobra's like to rev at higher rpm's so it might be overkill for your GT - if you are running the 1/8 then I'd say 4:10, but I went from 4:10's to 4:30's and as far as MPG goes it's all about how much you like to play around town - I can baby my 4:30's and get 20+mpg with a cobra, but I can also play around and get about 5 mpg so it's really all about your discipline if you want to talk gas mileage! I think I can still do about 80 MPH on the highway and keep it under 3,300 rpm's which is key for cobra's and gas mileage - beyond that you have the engine running balls out and gas mileage suffers. I had a 3:73 in my 1996 saleen gt with little mods and it was fun around town so you can't go wrong either way...