Thanks for your thoughtful response. That was sort of my thought as well. As for my plans, I'm just getting started. I happened onto someone else's started but never finished project. So far I have a pre-fab frame, fiberglass body with door, and coil-over rear suspension kit, all from Speedway. The previous owners got as far as buying those parts and putting them in the garage... I'm determined to get a little farther at least! I have a 305 sbc that I'm rebuilding that will go into it, which I'm keeping basically stock. Based on information I've read here, I currently looking for a TH350 transmission and a 2wd S10 rear end.
Although it is exciting to think of ultimately driving the car, it is more about the process and build for me. For example, I've had a ton of fun rebuilding the engine and I've learned so much. I'm excited to learn about painting, wiring, all of it. I sort of enjoy looking for old/used parts. It is fun to find a deal plus I've met some very interesting people and everybody always wants to chat for awhile! Which is cool. So I'd like to fabricate or reuse old parts as much as possible, for budget reasons plus it is what I enjoy. But I think there is a certain amount of wisdom I don't have yet in this area -- mainly, when to know I'm about to get in over my head -- so that is why I asked. Maybe steering/stopping are not the best areas for me to learn by making mistakes.