So after R&R of the transmission revealed no obvious issues, I think I finally got it figured out. Turns out the hydraulic throwout bearing was overextending the pressure plate fingers. Of course, it took an entire afternoon of trying to get the TOB bled to make this determination (tip - if you EVER have to bleed an hydraulic throwout bearing, use a MityVac or similar to put 20" of vacuum on the bleed line. Draw the line full of fluid first, then push pedal down, watch air bubbles disappear into reservoir, then release the pedal. Repeat. It's the ONLY way to stop the air from being drawn back into the bearing/line.)
With Junior fully pressing the pedal, I couldn't budge the back tires. As she slowly released the pedal, I could start to spin them. Short term fix - I fabricated an adjustable pedal stop for the clutch pedal to limit bearing throw. Long term fix - buy a RAM hydraulic adjuster and install in-line. It basically adds extra volume to the feed line via a screw adjuster, so I can limit overtravel and move the bite point down for the pedal. I have yet to test it out on the ground with the engine started, but if I can spin the damn wheels by hand on jackstands, then it has to be releasing.
I was able to get some small work done - rust converter sprayed where windshield frame had surface rust, race harness/belts installed, plug wire holders bolted in, engine limit turnbuckle installed. Pretty confident I can make the close-ish race three weeks from now. I could probably make the hillclimb in two, but that is not exactly the best place for a shakedown.
Bad news - my racing partner/coworker royally f*cked his car up at CMS this weekend doing fun runs. Lost concentration and tried a line he shouldn't have. Bounced the car sideways off a concrete barrier. Good bit of body damage, brand new steering rack broken, wheel shattered, and front suspension f*cked. I suspect he'll be driving my Porsche in the interim.