Horsepower Estimate?

I don't understand all the hemming and hawwing. How much power it makes, might not be important to you.... but maybe it's important to the OP.

Here's the way I'd approach the question.

First, how much did the original car make in all its smog era glory? (About 285 HP, GROSS NOT NET).

Second, how much might each of the modifications add to that?

Intake: 10, headers, 10, cam...20? Added displacement of going 30 over... another 10?

So if guess around 285+50=335.

You can bump that up a bit more with a decent tune.

Also do we know for a fact it's still running low CR pistons? Do us a favor and run a compression test.
I generally go by the heads for the engines power potential and look at the rest of the combo to guesstimate how much (%) of that potential is probably being used.