Panda said:
The majority of DIY engine mods do more for the profits of modding suppliers than the vehicle.
Putting bigger throat carbs on gives an impression of more power because you go from idle to full flow slightly quicker, but as the engine can't really respond you just dump a lot of the fuel. Also fuel mixing in the inlet manifold is less efficient if the air flows are not matched.
If too much air was not a problem why would manufacturers have a different carb set-up for every vehicle?
As brewnog said it is about remioving restriction, and the biggest restrictions are typically in the exhaust, then the valves and only then the carbs. But swapping carbs is a relatively cheap mod so is often done 1st.
It depends on how you look at it. DIY engine mods can be a complete waste of money depending on how many mods are done. Engine components typically have to work together to form a 'tuned' system or probably stated more correctly, a system where all the components compliment each other in a positive manner.
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Some questions need to be answered before starting to mess with an engine:
What RPM range do we want to produce the power and how much power are we willing to sacrafice elsewhere in the RPM range to obtain this?
How much money are we willing to spend?
How far are we willing to dig into the engine?
Is fuel economy a huge issue?
As for the comment about the engine not being able to respond and dumping fuel; if the mixture remains correct, the engine will only take in the amount of fuel that it is able. Also, air flows are typically NOT matched perfectly in an engine. If I'm not mistaken, a dual plane intake manifold intentionally does this to widen the peak horsepower range.
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Personally, I would never mess with an intake without serious consideration to the camshaft. If you're going to do that, might as well go through the valves, so you end up pulling the heads. After that it may be wise to rering depending on what the bore looks like and at that point go through the bottom end. So, what I said earlier, how much money? Where does it end?
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None of this has even come close to gearing to compliment a certain horsepower range or any suspension mods to help for traction, trans-brakes, high stall convertors, etc. In other words, dumping all kinds of money into an engine can be a complete waste if you can't get the power through the tires onto the ground.