Doc,
I got a 1984 Fiero Tilt column in my Midstates (not a real Shelby Cobra), and it worked out well with not alot of fabricating. It has the tilt lever and the signal lever with Cruise, and yes, mine has cruise that works. But I don't have a real Cobra so I think it's OK to put in what ever makes you happy. Cause I sure ain't tryin' to make Leroy Happy!
My column has been in for 15yrs now and I have had no breakage as Fixit speaks of. It's easy to wire too. All you need is the GM slide clip connector that fits on the column and wire to that. When you buy it at the junkyard make sure you tell them to cut the wires long from the clip connector. Cost is about $75.
Hersh