How is this combp/set-up...

How is this combo/set-up...

This is my 1st post on this site. I have to say theres ALOT of good info on this web site.. I have an 1988 Mustang GT 5.0 convertible with flow master cat-back exhaust, 3.73 gears, and 1 of the previous owners put in a cam. But the last owner doesnt know what brand or anything about it...

Anyway, I'm looking to add the usual upgrades/add ons(MAF swap, 3g alt. swap, full length sub-frame connectors, suspension, etc...),
Then install: GT-40 iron heads, GT-40/explorer intake, a cam(which I dont know which 1 yet 2 get with this setup!?!), And go with either a DIY turbo set-up or just go with an easy install with a SC. Most likely a Vortech!

I know aftermarket heads and intake would be a better choice.. But Money is a factor here and I'm not looking to "go all out crazy!! Just an every day driver with occasionally going to the drag strip(1/8 mile)

Any help/info would be nice..

Thanx