The time has come... 440 freshen for B-body

My cousin has owned a '72 Polara with a 440 for a few years now and it has been a lot of fun getting it from a barely-running pig back to a proper running state. The car has 46,000 original miles, most of them garage-kept. The engine runs awesome; tons of torque and very smooth. Earlier this year my cousin bought a freshly-painted "roller" of a 1971 Satellite; original slant-6, 3-on-the-tree car with the intent of swapping in the 440 and a 4-speed. The car needs to be totally rebuilt as far as suspension and brakes go, and the interior is basically empty which my cousin is currently working on. This weekend I will drive up to his place which is an hour away and get my first look at the car in person; I have had to wait patiently many months as my cousin has been busy with more important stuff (SCHOOL).

I will be in charge of the engine and chassis work for the car and so far have a pretty good idea in mind of what to do with the engine. He already has lined up an 8 3/4" rear to swap in with cone-style sure grip and 3.55 gears. I am currently looking around Denver for good 4-speed trannies. We really want to put in a 4-speed as the car already came with a 3-speed manual so the conversion will be a lot easier than going from automatic but there are still a lot of things to consider. Anyway some more specifics on the engine... All original 1972 440, has a Performer intake and kinda crappy rebuilt ThermoQuad but otherwise stock. In the Polara it's got HP manifolds hooked up to a 2.5" H-pipe system from TTI; I'm thinking of transplanting the exhaust system to the Satellite and we most definitely want to step up to headers.

I read IQ52's great thread about the 1972 440 build, great stuff. My cousin wants to do a hot-tanking of the block but I feel like with the low mileage we may be able to leave the short block alone. Guess it depends on how it looks when I pull it apart and how much money he has, if the bearings look good we'll go from there. I will also do a compression test before we pull the engine. Anyway I'm thinking of doing a light port job on the heads myself; bowl and (maybe) guide blend and cleaning up the intake ports to match the manifold, also a good valve job maybe 5-angle? I also want to mill the heads to bring up the compression; we're at 5000+ ft. above sea level so it needs as much as it can get. Beyond that pretty typical stuff: RPM intake, better carb, Voodoo 268/276 cam+springs, headers etc.

My main questions so far:
1) What's a good amount to mill off the heads without screwing too much with other things?
2) What would be a good carb to run? I'm thinking a nice double-pumper like a Quick Fuel HR series but what about CFM? Want to be able to tune for decent economy as well...
3) Valve job... what would be the best option?

Stick shift, big block Polara.... Score! The valve job,bowl work, the best help here. The valve job, needs to work with the bowl blend.( do you have a machinist in mind already?)
Head milling needs new custom length pushrods. Is hood clearance in order for the taller air gap manifold? The Voodoo 268 grind ,looks really good. Used a 750 QFT on my Magnum 360, like it so far. Hope this helps some. Personally I would doo the 268 Voodoo , a bowl blend, good valve job for low & mid lift flow numbers, and a thin set of head gaskets. That stock short block is good? I sure would use it.