Newbie needing answers!

Ok fair enough. In your expert opinion, I'd like a 12 sec street car. Can that motor produce that without forced induction or nitrous? What would it take to get it there?
12's is not all that hard for a 360. It shouldn't take a lot of money to get there either. And if you want 12's, no need to mention 500 horsepower. You can get there on 350 hp with ease in very streetable form.