That would be the recipe!.
I hit 11's in mineshaft air one cold Sunday in January with the daily driver '92 5.0 on motor. 324rwhp/330rwtq (H/C/I 3.73's, ET street, borrowed skinnies, 5k side step the clutch and powershift the T5)
11.90 at 115mph.
Man I miss running at Sac. It was always a hoot give Dave **** and he would give it right back.
You are close to 11's. But I don't think 1.7's will do it with 112mph. If you can hit low 1.7's, high 1.6 and trap 114-115 then you are golden.
One more consideration-
With your power goals and that snazzy multiport ethanol injection- Just how much traction do you really want at launch? I love a great 60 foot but I was beating on a rwd 5.0 w/ built 8.8, police aluminum driveshaft at 3000lbs. 6k and side step the clutch on MT ET...