Just to add to what Dattodude has said I agree there is no use spending big dollars on an engine if you haven't had experiance with the setup you are going to use!
If you do plan to do this setup do it on a stock engine and work out all the little bugs on this engine before you spend the money!
Also all the drag cars you see don't think that their engines are their first attempts!
I always think it is morelikely that they have a new engine each time as they are always trying to go better and are experiancing engine failures!