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the cheapest believe it or not is a quality tune up. make sure timing is on and carb air fuel is set right.

other thoughts are HEI ignition. they are cheap at the bone yard and work very well. they are durable and dependable. they do not have points to bounce and fail. good four barrel carb intake combo. you can get a good edelbrock performer on e-bay for less than a 100 bucks. as well an edelbrock carb for about the same. make sure to rebuild the carb. always keep in mind tuning, tuning, tuning... the best parts in the world are junk if tuning is poor.

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Q: What is the cheapest and best performance mod for a Chevy 350?
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