(Aust)Mod,
This is just what i would try: (also am trying) - how much money do you really want to spend i'll start off basic -
First if you running the original air filter - get rid off it for an aftermarket one with more free area, and engine fan change to a thermal(s) basic cheap mods will start giving you a slight increase.
You have extractors so thats good, add a commodore (blue 202) electric ignition.
Next possibly Cam, Lifters and maybe straight or helical cut set of gears,
If you can afford one - a yella terra head, slight port & polish, bigger valves - set for unleaded (just to save additives for the rest of you life)
Then if you were going to go Holley the 4 barrel 350 is usually to big and will give you power will also give you no money (fuel) and generally flat spots!
you would be better of with a 2 barrel carby (even up to a 500 Holley) with jets set correctly, a webber from a falcon, a WW stromie is also a good option, or start looking at an X2 setup from a HR or even get some triples!
from there you can start looking 2 ways - EFI (maybe a full commodore set-up using a 12-port head or just build up a complete blue 202) or forced induction supercharger (not the SC-14 though there 2 small i'm talking a decent blower on a 4 barrell manifold - $$$$$ or a turbo setup like what i;m doing-
my specs will be close to -
186 bored 40 thou
ACL 202 pistons +40thou (for low comp)
Billet turbo cam
AC Delco Lifters
Strata II Manifolds and Wastegate set to only 6psi
Standard head port & polish
Unleaded Setup
Holley Blue Electric Fuel Pump
Electric Ignition
Garret T04b Turbo fully balanced
1.75" CD Carby w/ large Air Filter & Water Injection
Helical Cut Gears
Thermal Fan
LJ Radiator
all bolted to a commodore TH700 4 speed auto - whole setup around $3500 doing most of it myself and scoring the turbo kit for a good price!!!!
Should be fun though
Please anyone add to this or fix up some of my suggestions with more proven and tried methods
Cheers
NoMAD