Re: Reliability
If the car is running and driving I would first start with steering and brakes. Take it all back to Ford specs or pursue any of the many "upgrade" options. Properly done though, stock brakes and steering will be as good as anything. Somewhat mixed in with steering and brakes is suspension. Need to make sure springs and shocks are doing their job and repair/replace as required.
What kind of shape is your car in currently? Gauges and filters won't make the car any more reliable. What you want is to have a car where you don't have to worry about what a gauge is reading.
As far as electrical reliability, a good generator, good restored distributor with stock points and dedicated grounds would be tops on my list.
My car is almost stock with the exception of a 5.5 head, cast iron brake drums and voltage regulator in the generator. I need to do some rehab on the steering and brakes but once that's done I won't have any reservations about taking the car anywhere.
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