I usually build the 742 or the 489 for customers. But if I you do get a 489 casting make sure to replace the crush sleeve with a solid spacer from either Richmond, Randy's R&P etc; regardless if the vehicle is being used for the the street or strip. I have seen the pinion nut come loose, and it can cause some damaged.
Overall, I've always liked the 8 3/4 rear end. Its simple to work on, and the parts are readily available. Some of my customer cars are on the fence as far as how much power they're are making while still using an 8 3/4. With a heavy street car making some power you'd probably break it pretty good. You can get the billet caps and adjusters from MW, and put a back brace on it, but the weak link will always be the ring gear. Also, make sure you get your pinion depth correct, and you might also want to move the pinion into the ring gear a little bit more if your car is making some power. This will hopefully prevent the ring gear teeth from breaking.
My red b'cuda has a back braced 8 3/4 with the aluminum center from MP, and has been 1.38 60' off a transbrake launch, and low 10.0's at 130 mph. :shock:
Good luck with your 8 3/4 build!
Chris