Torque Monster,
I agree with your thinking. There is a cobra with a viper motor in it called double venom, not sure on the h.p. though. I figure my Lt1 will make 380 h.p. which will be very streetable and plenty enough for gymkhana type events. My wife will also drive it alot even to work sometimes. That's why I went with a/c, p.s. p.b. cd. tilt, etc.