Real high riser stuff is very cool. Collector items really since it was only a couple years production at best. Pretty tough fit but do-able in the Torino - high risers have a different valve cover mounting angle that will put the covers into the brake cylinder. You'll be doing some surgery to covers, brakes, or both.
With the 428 crank it'll be a fun street racer style hot rod. The compression is on the high side - but this ain't some grocery store queen and you're gonna spike the fuel so it's OK. Don't let 'em scare you. That wide ratio might want more gear than a 3.55 in a 3700+ pound Torino - I have one...
The service block is perfectly fine. Nothing wrong with them - just normal sonic check and go. I've run a few Petronix - they seem to work OK - a little fussy on hookups but fine once sorted.
Oil filled coils were mounted on the side on every FE for decades from Ford - not sure where that came from....
At LEAST a 750 double pumper on that piece and it'd bee better with an 830 or 850. Quick Fuel has a pretty nice 850 but it's color might not work with the vintage "vibe" this combo will have.
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Survival Motorsports
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Engine Masters Challenge Entries
91 octane - single 4bbl - mufflers
2008 - 429 cid FE HR - 675HP
2007 - 429 cid FE MR - 659HP
2006 - 434 cid FE MR - 678HP
2005 - 505 cid FE MR - 752HP