Welcome to the site, Ean. One of the dyno mules I tested in my book went 675 HP with the Victor intake and Dominator carb, and had the following parts:
427 sideoiler block
4.25" stroke crank kit
Edelbrock heads, ported to flow 343 cfm at .700" lift on the intake
11.3:1 compression ratio
Comp solid roller cam, intake was .700" lift, 304 duration, 266@.050", exhaust was .711" lift, 310 duration, 272@.050" lift
I think to get to 650 HP you should figure on a set of good aftermarket heads, maybe the Survival Motorsports heads or the BBM heads, that are ported to flow in the 320-340 range on the intake side. Also figure on a good roller cam, probably a solid roller. By the way, don't let the compression ratio scare you, with a big cam you can run quite a bit of compression (11:1, for example) and still be just fine on your 98 octane fuel.
Good luck on the project - Jay