The late 60's-early 70's q-jet carb its self will work fine for your mild 454 but it will likely be a little lean if it was in fact still setup for a factory stock 300 hp sbc.
For an initial setup i would start with 45b rods with 72-maybe 73(if headers/mild perf cam) prim jets,AX or BG secondary rods,with a larger .0135" needle & seat for enhanced fuel flow into bowl to quicker refill the fuel bowl under full load & top end situations when getting into it.
You can get the larger needle & seat from " Jet Perf " ,the secondary metering rods,prim jets, are still avail from GM(the 45b prim rods are not aval fro gm anymore). But you can also get all these q-jet parts including a kit/gaskets at a couple other places on the intranet.
Let me know if your going to rbld your q-jet your self and i will get the site for your for parts.
Also,if you want you could send the carb to "Sean Murphy Induction" (see his website) he is great with q-jets and can easily setup your carb secifically for your motor setup/cam etc.
Scott