RedCSX-
I have done an ERA, I have done a number of 427's, I am doing a Kirkham with a Shelby block.
Unless you are getting a number of parts for free you can't build a 550HP at the flywheel 427 for $7000.
You don't have a lot of things listed - off the top of my head what about valves and springs, air cleaner, gaskets, valve covers,
oil cooler and lines, etc.
Your statement that you can makes most of your other statements seem suspect.
What do you mean the Baer brakes are better sorted than the Wilwoods?
Also, please don't tell this group of people what things cost and what is better - most of these guys have already been there.
Other than that, welcome.
Pat Buckley