Hey there Flipper, welcome to the 'club', I was in the same boat you are in, I have a 53 Stude and wanted to do the LSR thing. The wife and I came as spectators in 07 and NEVER looked back! I built a '68 Nova to run 130 and we did that, it IS harder than it looks) but I didn't like what the salt was doing to the Nova so I built the Stude, with the 150 club in mind, but with a rule book (several) in hand, and built the car to more or less comp specs. Believe me, it is easier to 'overbuild' in the beginning than to 'upgrade' later! We did the 150 and have since moved to A/cgalt, (BBC 496ci.) and we are having a blast! The LSR people are some of the nicest in the world, so much so, that we have closed up our drag racing operation to concentrate on Bonneville. I don't go with the idea to set a record, just having a ball going as fast as I WANT to or at least as fast as the CAR wants to. So my advise would be build a car within your means, run the 150 to get you feet wet and then have at it full bore, but build the car initially with that in mind, it is a fairly easy transition.But do SOMETHING, 'cause as we are seeing first hand, not sure how long we have to enjoy this super form of racing! Enjoy> Ed