It wouldn't be very streetable. To get one to rev that high and make power, the cam and head selection need to be a little on the wild side...which would take away all the streetability...hp and torque curves would be at a high rpm....probably around 6800-7000...it would be very lazy around town.
Any particular reason you want a high-revver? Just like the sound? I think they sound awesome...but I'd rather have my power down low.
If you want a 331 or 347 that revs that high, you're looking at incredibly high piston speeds and accelerations....which would probably have a higher wear rate on the piston skirts and rings. You have to build 'em stout to take high horsepower and high revs...I wouldn't put anything less than forged parts...and a 4-bolt block or a main cap girdle.
My guess is that you'd need a flat tappet or a solid roller cam.
There are certainly advantages to the engines that don't rev as high and make power down low....There is a member on here, Hal Copple, that has a stroked 351W that has over 60k miles on it.