What cam to use in 340

a solid roller is a complete waste of money on iron heads . the entire point of a solid roller is to be able to make a very aggressive profile that opens the valves extremely quickly and unless you have heads that flow a ton of air, you will not be able to optimize the benefits of one . the key to hp is in air flow . if you don't mind adjusting valves and having a noisy engine, you could run a flat tappet solid cam and save yourself around $400.00 . if the heads are not ported, you might be able to find someone that will do some basic bowl blending and valve guide profiling for around $700.00 . this will include regrinding the valves and seats . they can check the guides at the same time . if the springs are stock you will need new springs for around $120.00.

if you like to rev the engine and dont already have an intake, i would run an air gap instead of an rpm.

if you use a solid flat tappet cam, i would use the howards cams lifters with the oil hole in the bottom.
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Apparently you're no familiar with the early race W2 heads (iron). There are small block strokers out there with over 400 cid using ported W2s running in the 10's. I'm sure they're all running solid rollers. I don't think I'd tell them they wasted their money on iron heads. As you mentioned...It's all about how much air you can flow through the engine.