I have consistantly turned mid to high 11"s in a quarter. Here is what I have:
427 C.O. bored .015 over
TRW 11.0 :1 compression and race fuel 110 oct
Blue Thunder Intake w/ Holley 750 DP HP
Edelbrock Heads with a little work and roller rockers
Comp Cams 254/250 607 lift
3.50 : 1 Limited Slip Diff
Top Loader Wide Ratio Trans
Goodyear 26 X 10" X 15 Blue Streak Slicks
I hope that helps. By the way it is still tough to hook up with the slicks I have gotten wheel spin when shifting to second and third gears. A little pucker factor!
As far as drag racing is concerned I would agree with you regarding the abuse that takes place in that few seconds. I don't drag anymore but I do enjoy thrashing around a road course which is another form of abuse but I still like it and look forward to track days.