I'll try to answer some questions here:
1. The fender flares are fiberglass 'full' flares, and if I had a choice (and the car didn't come with the fenders already chopped off!), I wouldn't do the flare look, HOWEVER if you are doing flares, I think the period rivet look is actually better, it just doesn't look good on full-flares.
2. The sequence of my 'mad-scientist street-racer approach to a resto-mod' (getting engine before the body is ready) is purely due to being able to obtain the engine. And now that I have it, the body went to the back burner (sort of) until I got it stripped down and got the crank to the shop. Now I am back on the body, working hard (ish) I prepped the drivers side to receive the new outer rocker, and got that all cleaned up and prepped.
3. No, the motor I will not 'need' anytime soon....but I am excited to get it back together and running, because there are so many bit's and pieces that are going to nickle and dime me to death!
4. I am considering going with forged rods, because they are so cheap, and they come with new rod bolts (300$ on ebay) but everyone keeps saying the rods are the strongest thing on this engine, so it has me thinking maybe I just put it all back together, with coated bearings, and run it as-is. Time will tell, and available funds will come into play. Wait longer = more forged stuff...sooner rebuild = less forged stuff.