modern muscle
I had a 2015 Challenger R/T 6M and loved it. Only sold it because of stuff going on at work and the concern that a car payment would make things harder if my job went away.
I wouldn't sleep on the 5.7 stuff. It certainly isn't as fast as the 6.4, but even stock they are fun and they are usually much cheaper than the Scat Packs. But there is a huge range of models that were offered and stuff like the '15+ SRT Challenger with the 6.4 seems to command lower prices than a Scat Pack even though they are effectively a Hellcat without the SC. So probably best to look around.
I might add that if 5.7 might not be fun enough for you then either plan to add a cam or boost, or buy the 6.4 up front. While a 5.7 is fun, it is still a truck motor and runs out of breath at higher RPM, so be honest with yourself and buy accordingly.
Personally, the only drawback to modern muscle is the style and price. They are more comfortable, faster most of the time, better mileage, safer and have some nice features. While a 450hp 340 and 727 would be a ball in a '72 Duster, it won't be a comfortable as a 5.7 Challenger with a 6.4 cam/intake/headers without a bunch more work put into the Duster. Add that the 8HP or 6M will keep the RPM's low on the highway and still pull hard from a dig.
I just think modern muscle is a better all around car for everything outside of going to a show. Not saying you can't incorporate some of those features into an old car, but it's pretty hard to match the level of application in a new car. It certainly has been done, several cars on here have done it, but it isn't easy. I know I am going to try, which is why the '73 Duster I have is going to get a 5.7/T56, AC, cruise and maybe even ABS.