Well Caveman, let's see if we can educate you a little.
It was not a "kit car", nor was it an original.
Kit cars are from manufactures like Factory Five, Hurricane, Everett-Morrison, and ERA to name a few.
Then you have replica manufactures like Kirkham, Backdraft and Superformance. Mine was a Superformance. It was built in a factory and shipped to the US as a roller where the engine and transmission was installed, not unlike the original. They have a quality control system in place and I can say without a shadow of a doubt that the quality of the finish was light years beyond the CTS V. Also, Superformance is the only replica that was authorized by Shelby before he died. The parent company of Superformance is Hi-Tech which is the same company that manufactures the Shelby Cobra continuation series of cars.
Also the Kirkham replica is so true to the original that it's allowed to be entered into the Shelby Registry along with the originals.
The 2.8 - 2.9 second runs were not pulled out of my ass, but were from the G-Tech Pro that I had and I ran it more than a few times so those are not one off numbers.
This link is not to my car, but I would not have been far off of his times as I had a little more power, but I was also carrying about 350 extra pounds. Hopefully the link works, because I suck at computers
http://www.youtube.com/watch?v=1bHvpCvxDf8
No, I never ran mine in the 1/4 mile because I did not want to go to all the crap that would be required to run an open top car under 11 seconds.
So you can go retrieve your BS flag and hang it up again and save it for another day.
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Sorry, I forgot to mention one item.
Yes, you are correct that in regard to top speed the V may indeed be faster. The Cobra is basically a brick and hits a wall in the 140-145 range. They can be pushed much higher, but I sure would not do it.
And here is a short clip of my car and at the beginning there is a short little burst from 5 to 60. Generally 5 to 60 times are not as fast as the 0 -60 times, but it still gives you an idea. And this is before I went with the manual secondary, 660CFM carbs. It picked up a few HP when I made that change.
http://www.youtube.com/watch?v=d7uiKk6frEI