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Less wiring mess in a transplant to an older vehicle. Ford has released 5.0 versions of the 4.6L that can be carbed now. I haven't seen anything on the 5.4L though.
A carb on a modular engine...why? What about the ignition system, there is no provision for a distributor so you still have to have sensors and a computer to fire the coils.
Edelbrock and MSD have a setup for the LS1 GM engine now that uses a stand alone ignition system and a carb. There is a lot less wiring involved and you wouldn't need the factory heavy wiring harness. They got over 500hp from a stock LS1 with the carb, intake, MSD set-up and a larger cam. Lots of power to be had. Plus you don't need the expensive high pressure, return style fuel system. A cheap electric pump and inline fuel filter in an older vehicle and you are good to go.
If I wanted a simple, inexpensive, carbureted V8 engine with plenty of power I would build a strong 351W and have my choice of any number of simple, inexpensive proven transmissions that would bolt directly to it. None of which would require a computer of any type. And there are a lot of intake manifolds to choose from for the 351 to match whatever RPM or torque curve you need.
If you want to spend a ton of money and get a headache trying to find specialized parts try to bolt a carburetor to an overcomplicated, overhead cam modular, and probably end up with less power than a well built 351W.
Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.