I guess, getting back to my original post question, is this Cyclone worth saving?
It's not possible to answer that question without determining exactly what you've got, and what it would take to restore it. Photos would be very helpful, as well as door tag information. For example, you've described it as a "Cyclone Cobra Jet", but according to the documents and web sites I've looked at, the only year Ford produced a MODEL
specifically named "Cyclone CJ" was in 1969. In 1968 there were Cyclones and Cyclone GTs, some of which apparently received 428 CJ engines.
"Worth" is also very subjective. Worth saving strictly as a monetary investment? From what others have stated, almost certainly not. Worth saving as an uncommon or rare piece of Ford history? Probably. Worth saving because you love it and can't bear to part it out? That's entirely based on how attached you are to it. Also depends on the level of restoration that's done, of course.
First three images are the '68 brochure, last one is '69.