Your right, Florida is maybe THE place to register a "non DOT, non smog" car. I remember a few year ago they did not ask for anything there. This is where my Kirkham came from as well. To come back to AK02, I was quoted ball park, $70k by what is probably the best shop in the US for Cobras to turn it into a MKIII, i would have had to supply the engine and tranny. Basically, one start with the chassis and builds a new car. The body is different, foot boxes, fender wells, gas tank, doors, dashboard, etc. I had paid $30K for it and considering how much I got for my Kirkham which was painted by the same shop, I may have made money in the deal if I had done it. The whole registration problem here in California scared me and I did not do it.
Emmanuel