I think this thread is a testament to the quality and bang for buck of a track car that the Mustang is.
Basically comes down to this: If you need instant gratification for $35k buy the mustang. If your willing to wait it out and want to do it in a classic mopar, be prepared to spend money, time, and energy to improve upon your car.
A recent quote from a nice guy: "Building a vintage race car is a marathon - not a sprint."