For those of us who are just so tired of Steeda (now based out of my father’s home town of Valdosta, GA) waiting and waiting to release its own unique image of the most widely tuned car in the world, the Q-series, there is now the Sport Edition Mustang, sporting parts already available in the parts catalogue.

For the low low price of $6,995 (and I’m not being sarcastic), you get a completely revamped suspension, including upgraded billet lower control arms, sport springs, as well as 20-inch chrome wheels. Also included in the package is a sport shifter, underdrive performance pulleys, performance air cleaner, and those easy-to-miss Steeda graphics along the side skirts.

While there are no real power upgrades available on this model, previous Steeda Mustangs have made due with superb handling and finesse, two features not usually associated with bull-nosing pony cars with live-rear-axles. If you’re wanting a more road-racer feel and less drag-racer, then Steeda probably has exactly what you are looking for.

For more details, check the press release after the jump:

Edmunds has just completed a shootout between the 2010 Shelby GT500 and its closest competitor (for the time being) the 2010 HPE550 Camaro from Hennessey. On paper, this looks like a pretty close match-up. Both cars are upgraded versions of classic Americana muscle cars, with long hoods, bulged fenders, two doors, two spare back seats, and menacing snarls from blown V8’s whining more than 500HP out of the engines.

The HPE Camaro has a definite edge over the Shelby in the power department, besting the Mustang by 48HP at the wheels.

But, as the testers soon found out, even when we’re dealing with two very American cars–power isn’t necessarily everything.

“Why is this guy smiling? Because he’s enhanced for speed, handling, and comfort – with a Specter Werkes GTR!” Or so their marketing jingle might go. (Plus, this supplement would work for the ladies as well.) The Troy, Michigan based outfit has tweaked their already sweet styling and performance package for the C6 Corvette with an extra 80 HP, courtesy of a new cam profile. How does 615 HP and 578 ft-lbs of torque sound to you? Probably pretty radical through that serious-looking Corsa exhaust, actually. It should be noted that some of this power is also extracted by stroking the LS3 to 6.8 liters.

Breaking story from our Slow News Day Department, the Transformers franchise has apparently been very, very good to star Megan Fox. Spotted back in September behind the wheel of a hot black Mercedes-Benz SL55 AMG, new photos have cropped up of Fox rolling an Arctic White Mercedes-Benz G500. Idle surfing for more pics of the G-wagen revealed some rumormongers are reporting the G500 as belonging to Fox’s on-again/off-again fiance, Brian Austin Green (which is doubtful since he hasn’t had a paying gig since like ‘99), but we don’t care. It’s a G-Wagen, it’s Megan Fox, who wants to split hairs?

Carl’s Jr./Hardee’s – in conjunction with Dr. Pepper – is kicking off the “Taste For Speed” giveaway in celebration of the launch of the 2010 Chevy Camaro, and they’d like to unload some of their sweet promotional swag on one lucky RideLust reader. Valued at nearly $200, the grand prize “Taste For Speed” gift pack includes:

• a 2010 remote control Camaro
• Meguiar’s Complete Car Care Kit (includes Car Wash Shampoo & Conditioner, Gold Class Wax, tire protectant, and the Quick Interior Detailer kit)
• 8-pack of ShamWow super absorbent, hooker-beating towels.
• Carl’s Jr, Hardee’s, and Dr.Pepper coupons for free food and drinks
• Various other items that can be regifted in a pinch, including a “More than just a piece of meat” t-shirt, insulated coffee mugs, antenna toppers, and baseball caps

To get your hands on the goodies, send us a photo of you and your ride accompanied by a brief, witty paragraph explaining why you and your wheels deserve to win big. Since it’s not what you rock but how you rock it, we encourage fanboys hooning anything from an ‘06 IS300 to a ‘91 Previa to enter. Hell, even if you’re cruising in a rusted-out Schwinn that you’re 80% sure has already infected you with tetanus, you’ve still got a shot at winning – you’ve just gotta really sell us your story.

How do you feel about heavily boosted J-tin cruising from apex to apex in full-on opposite-lock four-wheel-drift? If you’re anything like us, you are sort of transfixed. You don’t even have to like drifting to appreciate the cars and the extreme skill needed to whip them around a track not just adequately, but with style too. There are a lot of specialist sites catering to very specific car fetishes (brown Lincoln Continentals? Rolled-over donks?), but Noriyaro is where I go to get my JDM drift fix. If you don’t like the idea of 1,000 HP Supras banging against the rev limiter, then best not jump over to his site.

You may remember the famous Yenko Chevies of the 1960s, where Don Yenko skirted GM’s restrictions on engine size and produced COPO-code big-block Camaros and Novas. Well, Randall Reed Ford is going to offer their own Yenko-style Ford Mustang, the Reed Speed SSE, through some affiliated dealerships, and theoretically across the nation. The result? A 700 HP, twin-turbo 2010 Ford GT created in partnership with Artisan Performance.

$39,130 is what the newest hot Nismo version of Nissan’s revamed 370Z is going to set you back. Considering the regular Z starts at $29,930 and comes with 332 HP out of the box, what does the extra $9000 get you? First of all, you get all the cool Nismo external bits – the chin spoiler, side skirts, and a long nose for all the JDM fanboys to drool over. Also some 19″ RAYS wheels help with the straight-from-Japan aesthetic. What about power? Make the jump to find out.

It seems Ford has been a bit conservative in their horsepower estimates for the new Shelby. Ford claims the would-be Z/28 spanker puts down 540hp at the crank and about 510 lb of torque, which are respectable gains over last year’s model.

But the guys over at edmunds.com just did their own dyno run, and their test numbers belied the habit of most supercharged cars to succumb to heat saturation by actually posting 7 straight power increases over 7 runs.

When the dust settled, they realized Ford’s nose was noticeably longer.

Before you get too excited, remember, this is only a sketch–for now! We already know there is no Mach 1 special edition scheduled for 2010, and there hasn’t been any word officially from Ford regarding future Mustang packages, save the venerable Shelby GT-500. But we do know that the 5.0L 400HP Coyote V8 should be appearing within the next year or two, so perhaps, by 2011, Edmundo Cano’s fantasy can become a reality.

Unlike most photoshop jobs, these sketches, especially the rear-angle view with the backroads Americana backdrop, seem more photo-realistic than photo-shopped. All the basic components are here: the grabber orange paint, the matte-black hood and shaker system, the rear black-out panel, black spoiler, thrust wheels, and side louvers for the windows. But we’re especially fond of the ‘69 inspired rear-quarter intakes. If Ford could find a way to make them, and make them functional, well–that would certainly be the bee’s knees. Probably wouldn’t impress anybody but true blue-blooded Stang enthusiasts, but we’d notice.

Check the gallery for more awesome pics!