Smoking the tires is generally for people with something to prove or small penises.
it does nothing for performance, old drag racers did it as their power increased until one smart guy got better traction and blew them away then they all switched to doing a burn out to heat the tires first and traction and moving became more important
you don't have a performance firebird, you have a mid grade model that was designed to capture the family guy who wanted a car that his wife could drive but he could still could pretend he was cool, the 400's move but the ramair versions become funky depending on how built they are, a RAIV with 4.11 rear is really only for an experienced driver as many got wrapped around poles and trees, these cars are not full frame like GTO"s and when launched, banging a gear, or getting sudden severe traction coming out of burning rubber they can and will do unpredictable things, they bend, the front end twists, then you'll want frame connectors, still they twist
I have a 67 conv 400 built to RAI spec's with 3.42 gears, 4sp, she likes to lift the front end and not go straight, for whatever reason the comb of the HD conv springs and a 70 10 bolt rear give the car ungodly traction and I have to go full bore nutso to smoke the tires, she generally wants to grab and launch, one freaking screw up like when I was 17 and I will lose @ 50k
enjoy your cruiser, it's a nice car with good mpg and stuff won't break