The engine fires are from bad valve cover gaskets, the wire separators are just a bs cover. The 97's have lots of issues, transmission being one of them, and the TB on the 97s 98s are different. You're better off going with 99-03. You can still get a good deal on those, and the aftermarket is huge for the 3800 engine with the supercharger. First modifications should be cold air induction, headers and exhaust (just a u-bend delete if too expensive, but there are
ebay headers you can get for two hundo) and a tune. For tune ups, stick with stock wires, or prj wires, and I recommend switching to a colder spark plug with the blower. The 3800 Series II is a very good engine, and as long as you take care of the car, and follow all the maintenance intervals and such, will provide a long long life.
EDIT: Oh and make sure you replace the lower intake manifold gasket. They always go bad, and allow coolant and oil to mix, which can cause rod bearings to spin. Quick ways to check this are to look under the oil fill cap and check for white foam, and pull the dipstick and look for chocolate milk colored oil. replace the gasket with the GM metal version and you're good. Check out
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