Well, its been a while since I've updated this thread so I figured its about time...
I've added a new set of wheels, some Revolution 13x8 which are very lightweight. They fit great and really add to the looks of the car. Looks like I'll be running the Sumitomos for another year due to the astronimical expense of Hoosiers.

I've had two races this year, both time placing 2nd. First race I got edged out by 2/10ths of a second by a highly modified Miata on Hoosiers. I was soooo close!!! The last race my buddy got my by under a half second with his 75 RX3 on Hoosiers.
Bad news, my win streak against Porsche has been brought to an end. After over two years, one of the buggers managed to beat my (1/10th of a second). Surprisingly, it was not the supercharged 911 that I was worried about, but rather a '76 911 that has been racing for a couple of decades.
Good news is that the Dodge Viper was a couple seconds slower than me, as well as all kinds of RX8s/TIIs/and a whole bunch of exotic cars.
Getting the race rubber back on will be my next goal, as that will make the difference between almost winning my class and competing for Fast Time of Day.
The car continues to handle like a dream, and the used 12a we put in is still running strong. I even drove her down to North Carolina this spring for the Tail of the Dragon event with absolutely no issues. A little tuning of the Sterling carb has resulted in not only more power, but also better gas mileage (figure that one out).
One other note concerning the used motor we installed. First start up revealed a bad coolant seal, she was pumping coolant out the exhaust so fast it looked like a house fire! After installing this motor, then pulling it back out to fix the flywheel issue, then reinstalling it, I was seriously bummed. In fact, I was bummed enough to consider alternative solutions. I ended up paying $4.00 for a bottle of Alumaseal (radiator sealant) and after about 20 minutes of idling the motor showed no signs of a problem. I've got probably 8,000 miles on her now, and even with the trip down South, she's still running strong and using zero coolant. Probably a dozen others have used this method since I wrote about it, all with great success.

Anyway, here's a few pics with the new wheels....