I actually haven't tried the 302 yet, the Cobra R is still a pretty good choice however. Still well behind the Camaro, but hey.
Edit: Bought a Boss 302 to play with along with a Camaro for paper stat comparison.
Turns out the Boss is as relatively hopeless as I expected, for the reason I expected (tire stagger). And I remembered why the Camaro is fast.
Both of these cars have similarly staggered tire sizes; 245/275 f/r Camaro and 255/285 Boss. Thing is, the weight balance of the Camaro is 47/53 (real world nearer 52/48) while the Boss sits at 54/46.
Add that the Boss ends up heavier than the Camaro with both fully gutted, and it's screwed. At least it's stable under throttle I guess?
Cobra R is a similar story, though at least it has a square stance with 265s all around. Bit less rear grip than either the Boss or Camaro, but it does turn better than the Boss. Just can't match the 'Maro's corner exit possibilities.