I never quite understood this "dilemma".
You don't need big vacuum at idle for brakes unless you live in a very hilly or mountainous area. I've always managed to run power brakes even with big cams. Think about this for a second....when you need brakes quickly, you will be decelerating. That's when you always have good vacuum, even with big cams, so you'll have the vacuum needed for stopping power. When you're stopped at a stop light, unless you're on a steep incline, you don't need big braking power, so even marginal vacuum will work.
My 427 has a 264@.050 solid cam, so vacuum is marginal. I DO have the small factory canister plumbed to help add vacuum, but it's so small (it's designed to only help with the vacuum operated modulators for heating/cooling controls) that its usefullness is questionable. When I decelerate from any speed I have plenty of stopping power. Enough that you would never be able to tell a difference from a mild/stock engine. Even when I'm stopping at mild speeds like 30-35mph. The only time I run out of vacuum is sitting still and I have to let off the brakes once or twice....then it uses up any vacuum left in the system and the brakes get tougher. But at that point it doesn't matter to me because I'm practically sitting still.
Of course it helps that I live in a pretty flat area. Like I mentioned above, if you live in a hilly area this wouldn't be the best set-up. And just as a side note, Trans Am racers used manual brakes. Manual brakes work GREAT as long as everything is working properly and the correct mastercylinder is used, but on heavier cars such as yours I'd want power.