+100000 Couldn't have said i better myself!!
*Side note* The 306 I built for my brother has 200cc intake runners, 2.055 intake valves and a ported super victor with a 730 cfm carb. Trust me, it's not lacking on the torque side.
You need:
Mini tubs
Upper and lower shock mount kit
Adjustable Coil overs and start with 110 lb springs
I also suggest an anti roll bar and offset lower control arms.
7.5" backspace wheels unless you plan on narrowing the rear.
Roll your fender lips.
Team Z and Wolfe Racecraft can help you out...