Hey roloniko. Welcome to CB.com.
And another '77 too! Nice. Show us some pics when you get a chance.
I think you'll find all of those have supporters here, but the most common recommendation is likely to be the Ford factory 5.0 EFI swap. Whether the whole engine, or just the intake stuff, it works well and is well supported in both parts and info.
Check out EFI Guy's thread about using the later model Explorer stuff which gets rid of the distributor and is a generation newer than the typical Mustang/T-Bird/Etc stuff you would normally find.
The "best" way is to swap in the entire motor, but if you have a good low-mileage engine in your '77 already, and for whatever reason need/want to keep it original, then changing the intake over to the modern stuff is very doable.
More and more of us too, are going to the current generation of aftermarket TBI (throttle-body injection) stuff. We sell the units from MSD and Edelbrock, so I'm kind of biased towards those two. But they also work and perform very well.
If that's an option on your list, call in sometime and talk to Johnny (uses the MSD Atomic) or Justin (has the new E-Street from Edelbrock) and see what they have to say about it.
The pros are that they're simple. The only con that I can think of is that, because you're buying brand new, the initial cost is more. But if you're not into junkyard crawling and mixing and matching parts based on what you read here, then having a bolt-on kit from a well known manufacturer might not be a bad way to go.
Good luck. You'll get plenty to work with here. Just give it time and you will have a lot of info on a lot of different ways to do it.
Paul