I'm still buttoning up my current 390 with BBM heads, but sort of stepped in another shortblock that I want to use to put together a collection of misfit parts.
I have been porting a set of C1AE heads and will be using them for this build, I want an old school combo with iron heads and solid flat tappet cam. Part of this is driven because that's what I want, part of it is cost. This is very much being done on the cheap, but I don't want a low rpm combo, wanted something that will make decent power around 6000rpm and can shift at 6500 if really needed.
I lucked into a Edelbrock 7505 dual quad intake for $150, and while I was picking up the intake I picked up a freshly rebuilt 390 longblock that had been sitting in bad storage, never fired. It's going to need a hone on one cylinder, one piston was stuck but I've freed with a lot of Kroil, but the cylinders are fresh otherwise. It has brand new SpeedPro .030" L2291F pistons, and had a brand new XE274H cam and lifters, new Comp timing chain, Melling pump in it with stock reconditioned rods. C4AE heads with fresh valve job, stainless 2.03"/1.53" valves, some generic springs, and positive seals. $200 for the longblock, I couldn't resist.
I also have a 428 crank that I picked up last year that's been turned but will need polish, so plan is to use it to make a 416" from this shortblock, and either shelving or selling parts of the longblock. I have Autotec pistons on the way, Crower EDM lifters, as well as a 247/256 .583/600 108 solid flat from Brent.
So Edelbrock 7505, 10.5:1 cr, 247/256 solid flat, C1 heads ported to go 280/185ish, and 1 3/4" headers, 1.5/1.5/3mm ring package and a 3.98" crank.
450hp out of the question, 500ftlbs? Peaks at 6000/4300 respectively? I want a "hotrod" motor so didn't care about idle, fuel mileage, or need for cheap gas.
Power estimate from a solid flat tappet combos listed by Brent and Paulie, acknowledging the heads I'm putting together likely aren't going to be as good as theirs