I don't mean to come across as an a**, but why would you want to spend so much money modifying a Taurus? I mean, they're great cars and I love mine, but it is a Taurus, not a muscle car.
That questions being asked, if you are dead set on increasing HP, I would probably do what the others have said and just perform light mods to increase the HP to a realistic range.
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2004 SEL Comfort ~ Shadow Grey Metallic ~ Mach upgrade with Pioneer speakers in the doors and Kenwood speakers in the rear deck ~ tinted windows ~ amber rear turn signal mod