What should it run in the 1/4?
If tuned well, I can see that engine combo easily in the 108mph range. With that said, it will really depend on tires/bite and driving skill. Right of the street with a stock suspension, worst case would be 14.0's with tire smoke or some other malfunction.....Best case, with good driving, clean shifting and some bite, I could see breaking the 13.0 barrier. Not by much, but I believe it's possible.
This original 340 engine in a 70' Duster went just over 103 mph with a stock converter, 3.23's and nothing but a .474" purple, 273 rockers, 780 Holley, sticky G60 tires, and my tune...:D. 13.80's with some traction issues early in the run's.
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That car was a beast on the street from a 15/20 mph roll. I had a 69' Chevelle at the time that went high 12's. If I wasn't on my game.....this is what I saw out my window...