First of all it depends on where you buy the engine...I have seen prices jump from 1100 to 2000, and more for the same engine. If you do the swap yourself, you save a lot of money. If your car is AT, you need new tranny, because the old one will not hold for sure. So that's another 1000 depending on what you get (I'm talking about 5-speed conversion). If you go for AT from eclipse, it might be cheaper.
1/4 mile times will depend. Because before you get boost controller, you need to get a number of other things done to your car. It depends on the type of boost controller you are using. In superstreet they compared a couple, HKS and Blitz are the best ones (duh). If you have FMIC the time will be lower.
The best answer I can give you is that it will be faster than a stock galant.
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