Oh you are opening up a can of worms.....
On a street/strip car a cent. blower or a a small turbo setup
With the turbo/turbo's you will have more under hood heat. And on a foxbody the EEC-IV is not as easily tuned like the late model EEC-V's. The early EEC-IV's are rpm based not load based.
Tuning the EEC-IV's with a cent. blower works very well as you can base timing etc. on rpm instead of load.
Note all of this assumes you are keeping the factory EEC-IV. If you are swapping that for an AEM, BS3 or Fast then what I posted above is mute...
I personally like a centr. blower for street/strip use as they do not generate as much under hood heat. And that is a good thing for us desert rats...
Although the turbo's would probably make more overall power than the V1-S trim..
I would talk to coupe he can help on the turbo side and make suggestions on what to do about the cooling issues.