Well quick update on current plans. My current plans are to get the 14b swapped in and re-gear the front. This is because I think most of my driveline noise is caused by having no angle on the rear ujoint in the rear drive shaft.
Then next will probably be wet sanding the paint and building a set of front fenders. The new front fenders will have the wheel wells widened so that I can stuff 35s, yet have stock looking fenders.
I plan to buy a rebuild kit from monster transmission to rebuild the 700r4. The kit should hold 450hp/500tq. I want to do it myself, and don't believe it is beyond my ability if I take my time and becareful with it. I have a couple of friends that have rebuild transmissions to help me along.
Then finally will be dropping in the 400 previously mentioned. I have talked to Brian and TBIchips about cam and head selection. The current plan is a 406 with either a set of Patriot Heads
http://www.summitracing.com/parts/PAR-2171/
or
Edelbrock Heads (brian's recommendation)
http://www.summitracing.com/parts/EDL-5073/
Motor will reuse stock crank and rods, but have new bearings though-out, ARP hardware, and new pistons to bring the static compression to around 10.1-10.5:1. I will use an adaptor with probably an edelbrock intake manifold to retain the TBI, which will receive plenty of mods to support the motor. Cam choice will most likely be one of Brian's recommendations so that it will work well with the TBI. I am going to probably go with Brian to tune the motor, hoping that it will make around 450hp/500tq, which will be right at the edge for the transmission.
Timeline for this is unknown. Hopefully have the fenders/rear-end/wetsanded paint by end of summer along with some little miscellaneous things. Anyways... thats where I'm at.