As of late, lots of reported failures. The box has a hotter spark than Stock but has been reported to also pull some timing out in the upper rpm area. The Chrome box is a hotter unit that I have run on the street for a really long time. No issues with it or the greater power it has.
I've had only 2 orange box's go bad. One out of the package and one years down the line. Otherwise, they did work great for me. Once I tried the chrome box, I never went back to the orange. It is not a huge difference, but I did notice.
I also have a gold box. I have not been able to try it out. I only got as far as starting up the new engine with it. A bad under dash harness has detained the fun until further notice.
As a side note, I have has really bad luck with the MSD's while some people have had there's for decades. I've gone through many box's and have had MSD repair them only to fail shortly after reinstallation or near instantly. I do have one box that has been good to me for about 11 years now.
However, the multi spark box's are very good a out doing what they say they do. Quicker starts, smoother idle/running, more mileage. I highly suggest the use of one. MSD or other.
During my issue time with MSD, I rewired in the OE box's as a back up. You'll want to mark where the OE box performed best because it is not at the same spot as the multi box will be at.
But that is the crap pile I delt with.
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Oh, also, the earlier the TQ the better save for the first year. Less emissions crud to deal with. The later year TQ's from passenger cars and light trucks with the lean burn do not have the vacuum advance port. Though you can add on in by drilling a hole for it.
On the "cheap and effective" would be the factory intake and a TQ with a cam and dual exhaust with a good ignition.
You can also "Hide" the ignition module under the battery tray. Not to the battery tray. Wire the unit in properly! Not a quick twist of wires and plastic electrical tape job. Take your time and do it right and nice.
I forgot about head milling. Don't do a lot of milling on the head, it creates a fitment issue with the intake. It's not a major increase in power though it helps and is nice.