Here's a thread that should give a good idea of what you'll be taking on.

Lot's to do for it. There is also the [now] well known turbi swap. Kevin_C once reported 20+ at 70MPH with is and a V6 tranny with the lock-up TC. Don't delude yourself though that that number is easily attainable with the turbo. Kevin has literally countless hours over countless years now of turbo 2.6 exprience.

Having said that, I hadn't wrenched save for the basics to keep on the road when I was in HS, and managed to do one myself. Mine still needs tuning and tweaking, which I have trouble finsing time for. My last tank was pushing 17MPG and that is turning 33s.


Big Truck: 00, 3.5, Endeavor, 5-Spd drive line in hand!
Little Truck: 87, 2.6T I/C, MT, LSDs, Tonneau Top
Her Truck: 03, 3.8, 20th Anniv, 65k
Daughter's: 06 Eclipse, Keeping it Mitsu!
FSMs: MitsubishiLinks.com