Don't be afraid of the E cam, it's a decent cam that will pass emissions.
One car at my buddies shop, E cam, gt40x heads, cobra intake, vortech S trim, 485rwhp.
Custom cams are unlikely to pass a smog test.
I wouldn't use afr's, i'd use TW's.
I'd skip the Electric fan, the belt driven one is more reliable, and really doesnt' soak up much power.
Get a new FMS timing chain, the one with all the key ways.
A new water pump
new ford balancer
Since you say 76mm Maf, i'll assume it's a C&L, they are garbage, get a pro m (now PMAS). And before anyone disagrees with me, i've seen them tested vs pro m's on the dyno, the AF is a mess. That little tube does a crappy job of tricking the computer.
Use head gaskets 9333pt1
Rail mount fuel pressure gauge
I know buying a new water pump and balancer seems like a waste of money, but with 100k on the car, they could use replacing anyway. And from ford racing, they are not all that expensive.