First Time...
That's Awesome! Back when I first built my Barracuda it had a stock 318 with an "RV" cam, stock everything else, an 8 3/4 rear with 3.23 gears. At Bandimere it ran a best of 16.5 when it was like that, but most of the time it ran 16.7......then the speed bug hit....nitrous ensued...good times.
Have fun!