A path has been chosen and I'm sticking to it.
I've decided to keep the 292. I will either find someone in the DFW area to do the rebuild, or I'll buy one already done. Either way, I didn't want to lose any time with dorking with any cutting or custom fab to make the 350 work. Plus with a little tweaking on the 292, I can get more HP than I really need for this application.
Here are my thoughts on the 292 rebuild. I'll let someone do a simple rebuild to bring it similar to OEM specs. Maybe just a few minor tweaks. However, the other day I was speaking to my primary care mechanic. He mentioned that if a rebuild is going to be done, I should try to find someone that will add dual carburetors to the build. He mentioned this will assign one carb to three cylinders, which will give it a bit more efficiency, and smoother idle since the FA mixture will be burning more efficiently. Then at the same time, convert to a dual exhaust system. Has anyone done anything like this? Is the juice worth the squeeze? There is a lot that can be said about keeping things simple too!
Next, I'm going to add a MSD. Better spark, better burn. Speaking with someone that added this to his P10 with a 250, this is a must.
As for the transmission, I'm going to use either a 700-R4 or the 4L60E (which would require an external computer to control the shifting). If anyone has any experience with the the 4L60E over the 700-R4 for this kind of application and has any pointers, please fire away. I'm all ears.
Since the transmission will be quite a bit longer, a new drive shaft will be in order. No biggie.
Power steering - I'll be adding power steering to a 292. I read that this is not as much of a commodity part as the 250 would be. Any tips on everything I would need to add power steering would be immensely helpful.
Steering column. I have not found anyone to rebuild my steering column yet. I want to add the gear shifter to the column instead of a floor shifter. Still working on finding someone to take that project on.
Right now I have a 411 rear end. I'll be swapping that to a 350 or a 373 so I can go faster than 55 mph without hearing the poor thing scream at me.
Well that should be about it for now. I'll keep posting as progress is made.