Sorry, I meant to say Gremlin...all the Pacer talk had me excited.

Remember, this is the height of emissions. You had me curious, so I had to look it up as I didn't recall specific specs on the Gremlin X. The '74 Gremlin X w/304 engine option came from the factory with a whopping 150hp out of a single barrel carb...and a molasses slow 3 speed automatic or 3 speed manual. I doubt that combo would break 0-60 in 10 seconds. For '74 it was decent, but I wouldn't call it fast at all. Most cars today, even economy cars, are faster. When I was looking at them, I came across the Gremlin 401XR. Not a factory car, but an aftermarket dealer swap...made in very limited numbers. Maybe that's what you were thinking of.
Sure, if you point out the rarest of the rare Edsel, it may have a $200k asking price. But go check out the numbers on the much more common Ranger. Sells for far, far less.