Welcome to C3VR, Pappy!
You have, from your description, at least two different issues.
The "bam" when letting the clutch out sounds like the front diff mount bushing has basically gone to the rubber gods...may it rest in pieces...
The shooting off in one direction when on the accelerator, and then off to the other direction when letting off points to front trailing arm bushings...or what's left of them.
This pic link shows the diff assy and front diff mount cushion("front mount bracket"), part #6527K in the diagram.
https://www.c3vr.com/member_pages/4401_4500/4427/diff1.JPGThis pic shows the front trailing arm bushings.
Check these items and see if there is anything left of them. The front diff bushing being bad will not cause a safety issue when driving, but the t-arm bushings definitely will!
If you do not see any problems with these things, then you may have something else happening...
btw...I saw the pic of the car you uploaded. I think you done good @ $3000, imho. That's a fair price, and it gives you plenty of room to make repairs, without getting in too deep.
|UPDATED|10/26/2011 7:50:22 PM (AZT)|/UPDATED|
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Joel Adams
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"Money can't buy happiness -- but somehow it's more comforting to cry in a CORVETTE than in a Kia"