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I had a SB given to me to build with a stroker kit but did not like the options at the time to convert and heard about the transfer case housing breaking and saw the first broken Birfield outer sitting on a counter that was sheared all from a Chevy 400 making 400hp supposedly.Building a racing tractor? A header, carb, and distributor will help. Buy and put them on when the OEM poops out. A 4, 5, or 6 speed tanny maybe a 3:1 or 4:1 transfer case. Perhaps a 4.88 or 5 something pumpkins. I have no use for fuel injection or automatic transmissions - although I did like the Allison 6 speed in a big uhaul many years ago.
A 383 stroker was a popular Chevota option.
When mine needed a valve job I had the head milled and the shop said they milled it 0.050" and ran fine at 6200' and above but when took it up to Portland, OR and it lasted a year and I put the biggest jets I could get for the Rochester carb and got not keep it from knocking and was pulling the cock knob in and out to control the knock.Mill the head to increase compression. I milled the head on my '76 by 0.08" and it made a noticeable improvement even my wife could feel.
A good tune-up with careful valve adjustment will usually get you an hp. What year 2F might matter. We need pics.make some more hp.