I think you are on the right track with your current plans (from your other posts):
-- Headers
-- dual exhaust
--
Comp Cams XE262H (218/224 @ 0.050", 0.462"/0.469", 110 LSA)
-- Performer RPM intake (you could maybe use the smaller performer intake?)
-- 750cfm Edelbrock carb (600cfm would be better, but 750 will work OK if you already have it)
As I mentioned, if you can find some 305 H.O. heads (casting -601 or -416) these would be a good inexpensive choice. If you haven't ordered the intake yet, you could also consider some Vortec cast iron heads (but this would need an intake manifold made to math the vortec heads). I would also recommend at least a re-curve kit for your distributor (or an electronic one like the MSD Ready-to-run).
FWIW, I'm currently running:
-- 307 with cheap rebuild
-- Summit K1102 cam kit (204/214 @0.050", 0.420"/0.442", 112 LSA)
-- Performer RPM
-- 305 H.O. heads (-416 casting) with mild bowl blend & 0.020" shim gaskets
-- Edlebrock 600CFM carb
-- MSD distributor, currently running ~18 initial w/ 10 centrifugal
-- TKO500 (5-spd manual) trans w/ 2.73 rear
-- Thorley tri-Y headers (1+5/8 primaries)
-- Flowmaster 2.5" dual exhaust w/ Borla mufflers
Engine idles smooth but with a little bit of noise, pulls fine from just off idle, but really "comes on teh cam" at 1900 RPM or so. I do not spin it above 5500, but at that RPM, I've never felt the power falling off.