Hey I e-mailed Kaufman - this is what he recomended:
George, You can make 350 hp out of this engine.
700 Holley carb Torker II or RPM Performer intake Crower 60210 camshaft 1st. pick would be our Alum. d-port heads 2nd. pick would be later model 1960's cast iron heads. 1 3/4" 4 tube headers (Hedman would be fine). MSD dist.
Now to make all this work in the car you will need some rear end gears of app. 3.55 to 4.11. If it's an automatic then you will need a converter of app. 2500-3000 stall.