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Geof,
Sounds like a lot of fun.
It may be a good idea to check cylinder pressures, not sure what a stock 302 should be but you are really looking for a similar number for all cylinders.
I would look at rebuilding the bottom end, or swapping it for a new one.
I would add to the list, timing chain set, lifters and maybe push rods to ensure rocker geometry is correct.
Phil
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