What route would you go?

I would go with A = daily driver reliability.

You have been given alot of good advice from people who know. I would read carefully and make a good decision.

Honestly if the bottom end is still solid why not just do the HCI for now and later on if the bottom end goes out you can buy a short block.

Also keep the Explorer gt40 motor swap in mind. You can find low mile explorer motors with all the gt40 parts for 500-800 throw in a cam and its a good running mtr.
 
A strong running N/A 302 is A LOT of fun, it just sounds so damn good....the sound of boost being forced through tiny heads/intake eh, it will go fast for sure, but h/c/i with the right bolt ons is so much fun man.
 
I'm thinking of doing the explorer swap this summer...is that gonna be impossible for someone who has less than a lot of car experience?

Its not impossible. You have a whole group of people to fall back on right here if you need pointers and help.
 
Its not impossible. You have a whole group of people to fall back on right here if you need pointers and help.
:)

I might end up doing a rebuild on another mustang 5.0, either way it will be a junkyard motor that I will rebuild and do a "budget" HCI on. I would do it on the one that is in there but it is 130K miles, knocking and my DD so I don't think I could deal with that much down time, nor do I want to sink into a crap engine.

</hijack>

Do a rebuild and HCI:nice: