OK, here is what I ordered today:
The Crane Cams 114132 (Powermax 2040) cam/lifter Kit $145.40
Crane Cams 11308-1 Spring/Retainer kit $87.45
Crane Cams Crane Cams Gold Race Extruded Billet Rockers 10750-16 for $259.04 $491.89
P.E.P. (1-800-423-2202) Stelite Ex valves $9.59 each or $76.72
New P.E.P. Super Hard iron valve guides for ex $1.25 each or $10
P.E.P. Stainless Performance intake valves (Swirl polished) $5.00 each or $40.
Total so far is $618.61

Next order will be for the rotating assembly, gaskets, 1-peice rear main seal, rings/bearings, Ballancer, and Flexplate. I expect this to be about $1200.

I assume machining will be another $500, so the total will end up being $2318.61

This will be a totally new engine when its finished, and I hope my choices will get us a reliable engine that is more able to withstand the loads being applied to it.

Desktop Dyno puts this engine at:

RPM HP TQ
2000 129 338
2500 165 346
3000 203 355
3500 227 340
4000 232 304
4500 218 254
5000 183 192

These numbers are using a OEM stock SBC flow chart, I will be cleaning up the ex ports and I will also check the intake to head port alignment to see if they need port matched. This is also with stock manifolds and full exhaust. Basicly its a 16% increase in HP over stock, the K code engine is rated at 200 HP peak at 4000 RPM. Based on 200HP at 4K RPM and do the math the TQ was 262 @ 4000, this is making 304 so its a gain of 16% in TQ as well.