Welcome to the forum. There are a whole bunch of good reasons to go with a stroker kit for that 390. Personally, I wouldn't build an FE these days without a stroker kit of some sort. Here are some of the reasons:
- An extra 50+ cubic inches. This will equate to about an extra 50 horsepower, and 50 foot pounds of torque, all else being equal.
- Stroker kits use new components, rather than 50 year old stock components. You will occasionally see the stock components fail due to use and age, even if they check out OK when you rebuild them.
- The stroker kits all use big block Chev rod bearings, which are wider than an FE rod bearing. This gives more load carrying capacity to the bearing, and eliminates a performance weak spot in the FE. In fact, in the 1960s Ford made a special NASCAR crank that used wider bearings just for this reason, and drag racers back in the day would sometimes machine an FE crank for Chrysler rod bearings, which were also wider than the stock FE bearing. The rod bearing upgrade all by itself is worth going to a stroker kit, in my opinion.
Assuming you go to a new piston on your 390 with a modern ring package, the difference in cost between going with a stroker kit and rebuilding the stock 390 stuff is probably less than $1000. Its a no brainer, to me anyway. One downside right now is that from what I understand, the cast stroker cranks are out of stock in some places. You can substitute a forged stroker crank but they are more expensive. The cast cranks are good for 700 HP, and the forged cranks for more.
Also, just my opinion, but if it comes to brands, I'd stick with Scat. If you get an RPM crank, it will likely have to be turned after you get it to really make it straight. And I'd steer clear of Eagle, that brand has had some issues.
Good luck on the project!