Ok, so you're basically saying..
1. You have 0 money. (kinda the main factor in any kind of build no matter what you do)
2. You have absolutely no idea what you're doing.
3. You have absolutely no idea what you want to do with your car.
4. You so tight on cash right now, that selling the car might actually be on the table anyway. In which case, why even entertain the idea of modifying it?
5. You're still debating on carb'd or EFI, weather you turbo it or not.
6. You talk of "ripping out the ECU, the extra wires and making it caurberated.." but you still want to turbo and stroke it because you think it'll make it easier to work on and it'll be more reliable, but yet you complain on how it's hard to work on it now the way it is.. You do of course realize that... Oh, nevermind..
7. You claim you're not even going to drive the car anymore, until you have it "done". Which won't be until like, 2040 anyway..
8. This has been covered before, but why do you come on a local predominantly import car enthusiast forum to gain information on how to modify you LT1 Formula? I mean, I know you're trying to gain acceptance from these guys and join thier club, but let's get realistic. Obviously they don't take you seriously. I merely come on here when I'm really bored for the entertainment value, nothing else.
9. Myself (especially, though I don't know why because we can't stand eachother) and others gave you advice on what you should do to your car and how you should go about doing it. Advice that would give you a solid foundation to work with until you get the $$$ and knowledge together on what you want to do to your motor, at the same time helping you whittle down your e.t's at the track and not to mention being able to drive and enjoy it for what it is in the meantime..
Try these forums, amongst others:
camaroz28.com
ltxshootout.com
ls1tech.com (they have an LT1 section)
fbody.com (but take thier info with a grain of salt)