360 does not seem to be making power and is slow in the 1/8. Need help and/or suggestions

I agree, it's very slow for what it is. I agree, your expectations were realistic. I strongly disagree in throwing parts at it such as heads. Fix the issue at hand. Get it to run what you expected it to run, then add better performing parts. Way too many folks just throw money and "upgraded parts" at their projects to substitute a real underlining issue(s). Tuning and tweaking is time consuming and a learning process, but it's worth it.
Very true, not sure if it is just one issue or multiple ones. Some say it is just fuel line and pump is too small, others say ignition needs to be updated. We plugged a stock ignition box to see if there would be any difference and my son said it seemed it may have been slightly better than even the high rev 7500 box from jegs on a basic street pull. obviously wont be able to tell until we hit the track again