What engine setup (blown small or aluminum big)

To run numbers like what you want you need more than 500hp. you'll need good headers, a real clutch, an SFI approved flywheel and blowshield, a driveshaft loop, a roll 6pt cage welded in properly, a fire jacket, aftermarket dated seat belts, a fuel system, a decent rear suspension and especially shocks, decent tires, excellent brakes, refurbished front suspension (those two are assumptions of a normal un-restored street car). The engine and 500hp is a piece of cake...lol