your goal with the 383 is easily achievable too
go for it
'620#s stock factory *w/iron parts
almost 100#s lighter, *than that
about the stock weight of an iron 340, 383 with an alum intake & alum heads, tube headers
a set of closed chambered alum heads,
some thinner, closer to bore size Commetic (0.025" head gaskets)
a 292*/0.509" gvl cam & matching springs/retainers locks, wakes them up pretty well
a good set of, decent set of 1-7/8" long tube headers
a free flowing exhaust
*optional some good ductile iron Crane/MP adj. rockers 1.6:1 ratio
& Cup & ball, Smith Bros. pushrods of the proper length in 3/8"
*alum. water pump housing, & alum pulleys,
any reciprocating weight removed rev easier & faster
more power (slightly)
an Edelbrock Performer RPM B-low deck 'dual plane' Manifold, (for that Holley)
one of, if not the best street/strip intake on the market, on either wedge
383 albeit they are the weakest of the blocks, the lightest of the 'low deck' BBs
but at the level you want it's not an issue
they do like to rev a bit more than the 440 RBs in stock stroke/form
less spun bearings too 3.38" stroke, torquey lil' BBs, great rod ratios
there's a great episode on 'Engine Masters' 383 Chevy vs 383 MoPar
watch it, it will inform you
albeit
a 440 with almost 60 extra cubes
& a bigger bore & a longer stroke will have more torque
'670#s stock factory w/irons parts
many of the same parts are interchangeable too, trans/clutches bellhousing
exhaust, heads, cam, rockers & shafts, oil pans, windage trays, can all be reused if good etc.
if you want to step up to the Raised Block R/B later
the 400 is a far better bock than both the others
way better main-webs stronger block than any 440 from the factory
go for it 383