And all those questions are answered in that book. But the quick answer is YES, it can be made to work fine. But don't buy your kit from any old place...after reading the book contact the author and buy your parts from him, he'll sell you exactly what you need for your exact engine: http://www.cliffshighperformance.com/
I just did his comprehensive treatment on a 1977 GMC smog-era Quadra-jet for my Pontiac 400, and I am 100% pleased with the results...