witherer, I would put more cam and more gear personally. 220 at 50 w/ 115 lsa as mentioned, 3.55's with the big overdrive of the t-5. I think you'll like the car better.
And I second the motion for alky injection. If you are going to forgo the intercooler, I would say it's mandatory. My brother has a snow performance one at it works good.
I looked at the knock retard. It looks pretty cool.