Ideas Welcome

First off I am to the forum and it so far looks great.

Now to the fun stuff. I have a 1994 mustang that I have made into my project car. This winter is when the magic will happen but I need your help. I have got all the exterior parts (body kit, hood, rims, tires, headlights, taillights,vertical door kit) bought already. But I need some help when it comes to the engine, tranny and performance over all.

Here are my plans my neighbour has a friend who has a Ford 429 block that he is going to sell me. So I need some help picking out a good tranny and parts for the 429 to make some serious power. OR do i go a different route? With a 351? This is where i need some help. I am looking to have around the 550 to 600hp+. (and reliable and strong)


I need to do all the research I can so all and any help would be great.

Thanks for the help.
 
I would look into a 351, to make a 429 fit is going to cost more than its worth IMO. Stroke it then blow it or spray it
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Thanks for the info so far. As far as a budget I would like to keep it below $20,000CND. From what research I have done so far I think that, 20,000 is going to go be enough.(or come really close) I thought about the tranny and suspension and I am going to replace the tranny for sure, but as far as suspension it crossed by mind because of the extra weight of a 429. But if I stay with a 351 do you still recommend replacing the suspension?

Thanks for the help and keep it coming.