Well, I'd target about 500 hp if you want 75 mph. Not sure...maybe the KC on the back of your boat would do it on a bit less power. Aren't they a bit more efficient than Bravos?
I never built a big Ford, but any Ford project always starts with heads. Looks like you've got some ideas there. Exhaust is going to be an issue unless you can make the adapters work. The rest of it should be pretty easy.
Definitely cheaper than swapping to a Chevy/Bravo combo and like you said - different/more interesting.
Don
'01 22 Classic, 502/B1
And a bunch of other stuff
"If everything seems under control, you're just not going fast enough" - Mario Andretti