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Well, you need to set a goal. Whether that goal is a particular race class or a dollar amount you still need a goal.
My '67 Valiant has 1.04" Mopar Performance torsion bars, QA1 stocker star shocks, 11.75" disc brakes, 17x8" +30mm offset front wheels and 235/45R17 tires. The car handles very well and still rides pretty nicely. I don't even have a sway bar on the car, but it's still light years ahead of stock.
Have you upgraded to big bolt pattern disc brakes and rear axle? Do you have the money to buy big aluminum wheels and matching tires? 15x7" wheels are pretty much the minimum to have a lot of grip. The early Valiants like yours look pretty good lowered on 15x7" wheels with 225/50R15 tires. If you want wider tires you pretty much have to go to 17" wheels. Yes, there are wider 15" tires, but they are not available in high performance compounds. TA radials and Dunlop Qualifiers are not high performance tires and have not been for years. You cannot skimp on the wheel and tire package, especially on the tires.
Right now I'm sitting on a rebuilt Ford 9" with I believe the current gear ratio is 3.75" I also have a Tremec 5 Speed thats in the works of being rebuilt. 17's I have which are similar to what you have on your car and tires are Kumhos which will be swapped for Falken Azenis RT 615's with 235/50?/R17. Everything I have started to be set up for in the handling Dept. but before I go further, I just wanted to get some experienced input from those who have/had invested time. Probably a bit late to ask since I have gone this far, but there is a reason for it. Going cruising at a local undisclosed area with a buddy's car, his set up was safe and ideal to how I'd like this car to maneuver when pushed. I'm all for safety,usefulness and selecting the right parts is key for maximum return in investment. I appreciate the feedback you're giving me.