Ok guys I hope this aint too off topic, but this is getting into a heated rivalry. My friend has a 1987 IROC-Z with a 4bbl 305 700R4 with the following mods:

-600 cfm carb (probably Edelbrock)
-world products iron heads
-1.6 roller rockers
-Edelbrock shorty headers
-3 inch flowmaster catback with gutted cat (stock 2.25 y-pipe)
-Edelbrock performer intake
-Open element air cleaner
-8.8mm Accel wires
-Accel Hei distributor cap
-Smog stuff gone
-All A/C gone except compressor just for a pulley

He has a B&M shift kit waiting to go on if he needs it.

The SRT-4 is bone stock.

What do we possibly need that is cheap to take this SRT-4 in the 1/4 mile?

 

A good tune.
You want to get the timing curve perfect, which may require a recurve kit and someone experienced with working with HEI distributors. Either that or upgrade the distributor.

 

It is pretty shameful when a 4 cylinder beats the prided american v-8, well that shift-kit isn't doing him any good just sitting in the box. Definitely tune the car to make good use of the eight cylinders, by tuning I mean timing and carb tuning(sometimes a float adjustment makes all the difference).