2 days ago I ordered the FM2 conversion, Hydra, 700cc injectors, crossflow, and stage2 fans. Plenty of hardware for more than 250, but I'm soft-capping it at 250 since I don't trust the rods past about 270, and I'd like to give myself a bit of a buffer under that threshold.
I may have the engine built at some point, or another spare engine built (my track record with piston engines is deplorable), and would then go higher. 250 will be plenty fast for now though
Next up in the queue thanks to my tax returns and bonus, is the 6ULs, 3.63 rear gear, FM clutch happy meal, and oil cooling stuff.
I don't know exactly how the oil cooling will work out just yet, but I'm sure I don't want to go with an oil-to-air cooler, and instead want an oil-to-water cooler. Quicker getting oil temps up, manages oil temp with the water thermostat, and I don't have an oil cooler hanging out in a place that could disable the car with unexpected damage. Not a fan of the FM steering rack mount or of putting them in front of the front wheels. A Mocal Laminar flow exchanger, like this: (
http://www.racerpartswholesale.com/product/11003/Mocal_Heat_Exchangers), can be placed in a much more protected spot. Airflow over it is not needed, and a 7.5" long medium one looks to be roughly the same cooling as the FM oil cooler. The big drawback to that method of oil cooling is that it DOES put the heat into your coolant system, so you have to have the cooling capacity to deal with it. I believe I will, and in case I don't, I will have a 'limp mode' map in the Hydra to trigger if it sees the temps of either go too high. The part I'm working on is placement and running the lines properly. All theory at the moment, nothing in hand yet.