Hi Gary, before you go down the power rack route, get your suspension geometry checked (have a chat with Big Al). I found a big difference in low speed steering once my ride height, toe-in and camber etc had been set up correctly.
Wheel size also plays an enormous role. With 225 front tyres on 16-inch rims my steering is feather light, but with (current) 15-inch rims running 245 tyres it's significantly heavier. However, as mentioned above, the steering should get much easier once you're moving.
However, whatever you do, don't ever expect your steering to be power-steering light. Cobra's remain the epitome of a 'man's car'(!) hence some arm muscles will always be required... good luck!