Defintiely get out there and do it. You'll learn a lot about how to handle your car and you'll also have a blast! Don't worry about lowering your car first. Its better to learn with a stock car.
Former owner of 94 Bird with DOHC 4.6L swapped from a mark VIII
2011 CTS-V Wagon
1968 Torino was an original 289, C4, fully documented numbers matching car. Now: DOHC 4.6L/T-56 swapped, Cobra intake, IMRC delete, BBK long tubes and H pipe. Dynotech Aluminum Driveshaft, 9" rear with TrueTrac and 4.11's.