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fom what u are saying and from my personal exsperiances with TBI systems, i would say that your biggest problem is not having a muffler for back pressure. My dads 87 454 was getting about almost 16-17 mpg and about a month ago the mufflers fell off and it is lucky if it get 10mpg. what i would do if u are trying to go cheep is stick a cheep muffler on it. how much of the exaust is left on it?