when i had my 408 build i simply didnt want to spend the money on aluminum heads
with the stock iron heads (a little ported, a little blended and 2.02 valves) im making 420 hp and 470 lbs of torque
now, you and i both know the heads are what are keeping me from breaking 500 pounds (probably heads and cam to break 500 hp) but if i wanted to spend the money on a set of aluminum heads, i could do it with the engine in the car, and do it in an afternoon in my driveway
so that is just one reason for starting out a 408 with stock heads