Electric water pump (you have it, mine as well try it!), ditch the choke masters for a straight through muffler and a cross pipe (X or H), and maybe sell off the bigger headers and tunnel ram for an entry level aluminum head like a stealth?

I am no expert, but can appreciate the budget builds...it would be nice to take the motor out, deck it, pistons, etc....but then all that nonsense isn't budget anymore lol

Good luck and cool ride!