I got 255 rwhp and 295 rwtq on my 94 Cobra with bolt ons. Bolt on include FRPP headers, Bassani X with cat, flow cat back, 3.73 gears, 65mm TB, Pro M 77 MAF meter caled for 94\95 cobras and home made CAI, FRPP extender.
Stock I dynoed 232 rwhp and 380 rwtq.
After thinking about your car
and
The mention above about the gain of 23rwhp
I wanted to share a thought or two and I'd like to finish up with
how I see them working with your bolt on Cobra
First of all ... We really shouldn't expect much from just bolt on mods
I mean ... after all ... they are ... supporting parts basically :Word:
They support the ... meat ... of the combo happy meal
The meat would be heads, cam, & intake
Lets take three examples
1) Stock GT
2) Stock Cobra
3) After Market h/c/i combo
With #1 ... most of them are quite adequate and the most effective
bolt on mod would be the 4 cat mid pipe upgrade
With #2 ... same could be said for the mid pipe and Ford has already
addressed the inj's.
True ... Cobra heads & intake generate more air flow than the GT
and
It would seem the bolt ons would be more effective
But ... as I see it ... the additional air flow is not all that much more
so
While the bolt ons are gonna be more effective ......
They're not gonna be
all that much more effective.
Really ... when you think along these lines with the Cobra .....
Its already got better heads & intake ...
You just gotta instantly think ... C A M

Thats what it needs to more effectively pump up its air flow :Word:
Just as Mr. Adam pointed out above
True ... most don't consider a cam as a bolt on
You guys
You have a way of making me think about stuff I usually don't
Moving on to the last above example
With #3 ... you're gonna move the greatest amount of air so
the supporting parts should make more of a difference
But ... Still ... Same principle applies here as in 1 & 2 above
Now ... back to your particular car
I'd break it down kinda like this .....
1) cai
2) 65 tb
3) 77 maf
4) shortys
5) cat x pipe
6) flow cb
7) extender
With 1, 2, & 3 ... OEM 2 & 3 are pretty effective
If it was cool outside ... I'd say 1 could be the winning gain mod
I'd rate them all for about 5rwhp
With 4, 5, & 6 ... I'd have to say 5 would be the winning single mod
followed by 4 and I'd rate them all for about 8rwhp
With 7 ... you get some spark & fuel help. I could see it being
pretty effective by the 1/4 mile gains some reported about
several years ago when it was more popular. I'd rate it as
being good for about 10rwhp
Final thoughts about bolt on mods
Sure they are easy to install
but
For the most part ... their Gain to Cost ratio ... S U C K S
And the worst of em all ... Catbacks :Word:
They deliver a
"I'm Fast!" sound
but
They deliver nothing but

performance
Bolt Ons ... They're one of those ... Catch 22 kinda deals
If you are going to go the distance with a complete combo

Sooner or later ... you gotta have em
Grady