Welcome to the club! If you're really interested in modding the 2.3,check out nato.com.That site is awesome for the turbo coupes and XR7's. They have a section on mods to start you off with.The three mods that give the most for the least money would be a K&N cone filter,a Gillis adjustable boost valve,and a better breathing exhaust.Congrats on your find with the Cougar XR7! I have an 86 Thunderbird Turbo Coupe with the three-speed automatic as well.I like the three-speed better than my 95 T-Birds tranny. But anyway,enough of my rambling,and welcome to the club!