I'm all for #1. I just picked up 2 Gen III 5.3's
one for my 80 and the other we'll see! If it works out ok maybe for the 67. Do a Carb intake! That is my plan and will consider FI in the future!
I would like to see an article done on the Gen III and a carb setup similar to Reggie Jackson or Dale Jr.'s carb setups. A budget build would be great!