No way, not on a 340 with that camshaft. Ain't gonna have the legs to make that m1 work. An Ede Air Gap will mudhole the M1. BTDT, along with many others, got the t-shirt. :)
My daily driver w/a stock stroke 360 and factory iron heads went 11.80`s -12.0`s w/an 850 dp, 2500+ stall vert, and the x-cellerator intake w/3.91`s many moons ago........