First of all, know I have not been here in a while, if anyone remembers me
Second, I am glad this thread caught my eye, as burning ethanol or E85 is something I have been interested in doing for a while now. I have 2 E85 filling stations within 40 miles of my house, one is by my school which I have to drive within a mile of everday.
Here are my thoughts, Gasoline burns best at a 1:12.5 ratio, ethanol at 1:6, and E85 at around 1:8.
E85 is advertised at around a minimum of 100 octane.
I figure an E85 turboford conversion could be done with raising fuel pressure or adjusting the VAM to make it burn more rich, and advancing the timing. I think with the MUCH higher octane rating I will probably need to open the spark plugs a bit as well.
The only forseeable problems are the regular steel fuel lines and tank rusting frequently.
I have the 35# fuel injectors and a Walbro 255lph fuel pump, I am somewhat worried about those rusting as well because I do not know if they are stainless/corrosion resistant materials.