Well going carb or EFI (if you go EFI go MAF) all depends on the transmission you plan to use. If you have an E40D you will need to figure out how to control it electronically. You CAN go carb and control the tranny with a Bauminator (dunno if I spelled that right) transmission controller. If...
Yeah get the 3" midpipe. Too bad you weren't doing this a couple months ago, I had long tubes and mid pipe for a 94-95 but I sold them like 2 months ago.