Recommend is a hard word, LOL, but sometimes we have to do what we have to do, it'd makea nice driver and nothing is out of line here for a decent build.
Stock blocks always need to be cut, if you leaned on that one, it may be .020 in some places, but they are always crooked...make sure the machinist can square it up. Use a .041 head gasket, and end up .015 below deck, it'd be decent for quench, and likely get you ate close to 10:1, I wouldn't go over. You need to get a real number for the chambers and deck height though if you don't have it, and check both heads, they tend to be crooked too
After that, assuming you are stuck with the cam, retarding the SAME cam 4 degrees, to a 112 ICL, would get you in the ball park. It seems odd for a small cam to be retarded, and don't think I am telling you the cam is junk, but it is v ery short seat to seat. If you use it, and retard the cam, what you are really building here would be a blueprinted 416 inch "poor man CJ". The CJ cam actually was retarded even more and had slightly more LSA, but it also had a few more cubes
It'd be a nice driver and plenty more power than an old 390 or 360, but it won't have a lot of cam sound at 49 degrees overlap.
3 things though, and I probably would not build it without. 1 - headers and a dual exhaust with a crossover will help greatly, especially in a truck, 2 - have the distributor recurved, makes all the difference in drivability and part throttle, 3 - can the stock 4 barrel now and get an RPM intake or even a Streetmaster.
C6AE-C are 6.49, although I guess the correct number is 6.488 by some sources. If big bolt, would be a PI rods, but if 3/8 bolt, relatively common 390 rod, and fine for what you are doing