Sounds like alot of fun. I have always liked the looks of the 69's- look much more muscular than the 70. Id like to see a few pics of it.

Anyway, $2500 to $3000 should net you a damn good running 351W. If it were me, id rebuild the 351. How and how often do you expect the car to be driven? Decide on what you expect the car to be driven, and build it accordingly. In other words, if it's a daily driver that you drive to and from work everyday sitting in that infamous California traffic, a tunnel ram and 2 750's probably arent the best choice. Just cruisin' the strip on a Saturday night, you have some room to play. Then again, I know Cali has some funky laws- some of this may not apply.

This is just me, but the first thing I would do is run a compression test on the engine just to see exactly where you stand. Once you open it up, turn it over to a qualified machinist to check everything over. Don't skimp on the bottom end, do it right, and spend the rest on go-fast stuff. If the heads are 69's, you already have a pretty good set of heads, unless your dead-set on aluminum. That will eat up about 1/3 of your $3000 budget.

Again, this is just my opinion, but unless it's an all-out race motor, i'd spend the loot on the obvious things such as intake, pistons, valvetrain, ignition, exhaust, etc.. Spend what you can, then tweak what you've got. And even with a healthy 351, the Holley 750 should be more than ample.

Good luck,
Greg