If you can find one,,,get the truck 292 exhaust manifold w/the larger outlet. I think an Edelbrock AVS carb would be easier to adjust than the AFB, for adustability on the secondaries,but the AFB is more of a performance carb. Anyone else ? Carb info.
600 CFM is OK,but mileage not as good as a 500 CFM carb. All depends on your goals. I would suggest Comp cams for a camshaft,but there ar others. The 194 is a good head & Sissells or Larry can get it flow just fine,it's not a restriction.
But,,,, if you are getting pistons ,more than likely,you would not need a 194 head also. So use your cyl head you have & buy those pistons for $300. You can turn down the center on a lathe to reduce the compression,otherwise compression would be about 9.5:1 approx. A bit high for non computer controlled turbocharged engine.
Raise compression,pistons yes,9.0:1 is fine,$600 approx,but there forged & made for boost.,milling head,50-$100 That one guy has forged 307 pistons for $300,did they sell here? This guy had them: https://www.inliners.org/ubbthreads/ubbthreads.php?ubb=showprofile&User=6 That will save you $300.There a bit heavy,but that's OK.
Yep, shave deck to get a zero deck. Stock crank is strong,get turned & shot peened,maybe heat treat if needed.,Crower or Scat rods.
You can run stock compression & not worry as much about detonation & having to run high octane gas. It would be just a bit sluggish when out of boost.
If you build a nice longblock,ported head,camshaft,intercooled,meth inj,I can say an easy 325-450 HP (@ the wheels) range on 18-22 psi range & a lot more torque than 400 Ft lbs.Just thinking off the top of my head,so it's just a guess. There are many many variables. BTW, this is just a ball park figure,depends on your tunning ability also.