Mike,
PM me if you need more help. I can talk you through the finer points, I have helped quite a few Cobra guys out!
The process is very simple, just have to follow their rules. Being registered as a 2012 Custom is no big deal (no emissions, just safely).
Pat
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Proud owner of FFR1004630RD '01 Explorer 302, FRPP B-Cam, Holley S/A 670, HD T-5, Wilwood pedals, 3 link, Koni shocks, 17" Bullett wheels, Baer brakes, Classic gauges, I-Squared wiring, Jaguar Racing Green w/Sliver Stripes
Tagged and road ready in NYSas of 6-5-09 Life is GREAT!
My build log
http://www.clubcobra.com/forums/cobra-build-logs/80663-my-cobra-build.html
If you live "Upstate" near Albany, NY send me a PM. Our Cobra gang is growing and looking for new members!