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So, $16.5k gets you a drop in crate engine with pan, pick-ups, and efi that weighs roughly 450lbs and makes 500+ hp. You're still going to need starter, accessories, headers, and fuel system though, correct?

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Yes correct. All those items roughly adds up to about another $2k. I still have to get the K-frame welded, exhaust re-fitted, chassis tuned etc. at a local shop.

Whoops! actually No because I had half of the XFI system from my previous build already. But a MS3 would be a more cost effective solution...

This is why I can't possibly make the April 9th Spring Fling event. I am shooting to be done by May as there is another track day at Sonoma/Infineon Raceway on May 23rd
http://www.motorsportreg.com/events/speed-sf-sonoma-raceway-speedsf-com-107137#.VO_g0snTnqB