That cam will want minimum 11.5:1 static compression ratio, making power from 4000 to 7200. Big block Chevies are tough on flat tappet cams with stiff springs, so I would very highly recommend a solid roller cam.
Here's how to prep a flat tappet cam if you want it to live.....and even then, it's a maybe.
http://www.crankshaftcoalition.com/w...ips_and_tricks
I doubt you'd know the difference between 0.060" and 0.100" in the seat of your pants, so I'd go with the smaller overbore to save the block for another overbore later. I suspect you're going to need some pricey valvetrain parts if you're gonna spin a BB to 7200+. Grab your ankles.:3dSMILE:
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