Welcome TodS! Looks like a nice truck. And I saw in the other posting you were invited to
Homecoming(starts on the 27th over here in So. MD).
The experts will be able to tell you more about your truck if we can see pictures of the whole engine, if you can provide the engine block casting number (forward of the distributor) and some pictures of the second transmission and linkages. If that is an overdrive or a secondary, there are some folks on here who can tell you a lot about it.
And as far as painting your truck red with black fenders ... I think most of us ... with intense therapy and work ... will, in time, get beyond our initial outrage, revulsion and violent urges and may even come to accept such a color combo...
