.480/230 cam in an 8.5 CR 360?

iffin' you're gonna run that cam, i'd advance it as suggested. but as others have noted with that combo: low compression, blah stall, no gear and heavy car-- you've got a recipe for dog water. though, it'd probably run pretty good at highway speed.

there's nothing inherently wrong with that cam, but if you're looking to swap it i personally think that there's many other, more modern grinds out there that are much more suitable to the task at hand.
I don't think it'll be "that bad". I recollect a LOT of us ran big hydraulic cams straight up in low compression motors when we were kids and didn't know any better. They sounded great in the high school parkin lot. They pulled good too startin about 4k. LOL