I would prefer no lip if it was my car but either way looks good. Let me know when you are done and I will send you mine to do lol.

Do you have a hood latch up front? I have a glasstek race weight hood on my 68 Barracuda. Its pinned down in 6 places, the front center pin is on the core support. I can see the hood bending up in front of the front center pin, like a lot. I have lowered it down where it rests well below the header panel but it still comes up. It bends enough in front of the pin that I can't believe it hasn't broken yet.