First off.....welcome to the site. You will find a lot of good information and good people here.
As to your dilema, although I am a hot-rodder at heart, it seems a shame to take a nicely restored '36 and modify it. I'd say fix the head and sell it to a stock enthusiast. If it makes it easier to swallow, you can likely buy a " rodded " version for a lot less than it will cost you to build one these days ! Bonus is you ( wife ) are on the road now, not ( 2 ) years away. Just my 2 cents worth.