BrooklynHH, welcome back!
We're in a very similar situation... My kids are 21 and 23, and for their birthdays last fall (3 days apart!) I set them each up with a Roth IRA and 500 shares apiece. I told them it's a birthday present that they can't unwrap for about 40 years!
I should probably tell them that they have already more than doubled their money.
Also, be sure to stagger the pumps on the dual quads; that's a lot of fuel for a 340. I had a friend with a '72 Satellite with the 340/dual quad setup and it bogged miserably off the line if he opened it up too quickly. The 340 is reasonably sized so it won't be too heavy dogging it around the back roads in the Catskills; just be sure to buy good quality rubber and a good-handling suspension kit.
Having recently downsized, I also parted ways with my last Mustang ('66 convertible) and since I still have some parts in storage from my old '69 Camaro, I could end up back in the Bowtie camp. I have a sweet pair of double-camel-hump 2.02 fuelie heads and a nice Holley 750 dual-pumper. They just need a nice car to bolt onto!
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