Really on budget? Blown FE?
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Pistons are the deal breaker. I have CP slugs in my blown 427 and they're a grand. I think pretty much any custom blower piston will be at least the same. If you can find some new TRW/Sealed Power L2143 dished .060 390 pistons, they might work OK...but only if you keep it out of detonation. That's HARDER than it sounds.
If you're going with the TRW slug, or even a custom, I'd be tempted to use an EDC machined combustion chamber head and maybe "tootsie roll" 'em to 80cc chambers with CJ valves. Use the .050 thick 8364PT Felpro head gasket. Try to keep your compression ratio to 8.5 or so. I run 100LL av gas because it available to me for $5 a gallon.
Just ALWAYS use the best gas available.
Call Ken at Oregon for a reground flat tappet cam. They're cheap and work well. He ground 2 for me, and naturally I put the bigger one in first. Ended up putting in the smaller one later. Can't quote the specs from memory, but it's quite a bit "smaller" than what I'd use in a n/a motor. Wide 114 lobe centers.
Buy 2 swap-meet 750 double pumpers and have them modified for boost referenced power valves. Faron did mine. He's good...and reasonable.
Ignition can be a hassle too. If you can fit a distributor under the blower, well, good. If you can't, and don't want to space it up to the moon, I'd look into the Computronix distributorless ignition. I run the Electromotive stuff.
Have fun...and don't blow it up!