Great pics, good story and it looks to be a pretty solid car.
I'm with Dan on this one. Coyote motors are great and all, but the supporting mods necessary are huge. By all means, dive in if you're prepared from a fabrication, time and budget stand point, but I wouldn't do it. You can get 9/10ths of the way there on performance with a decent stroker small block in probably less than half the time. I'm all for modifying cars, especially cars that aren't super-rare like your coupe, but it would make me feel yucky to wipe out the shock towers on my grandpa's car. Maybe that's just me.
I'm not an expert, but I play one on the internet.