340 or 408?

So if I go 408 from a 360 , would my top end work if the right cam was selected? (edelbrock heads and Victor intake) I would port them as well.

Your Edelbrock heads and Victor340 intake will work fine getting you to 500-600 plus horsepower. Both of course will need ported and I recommend a 2.055 valve and a 5 angle valve job. Then I recommend a .625-.650 lift cam to take advantage of your porting gains. I’ve proven both a solid lift or roller cam will get the job done. I still have 93 octane pump gas available 3 miles from my house so I would plan my compression around that. I suggest at least an 850 Holley carb. If you go with a solid lifter cam research lifters and try to find EDM ones. Good luck.