340 tune up

Whoaaa, Nelly! Slow down a minute, pardner.
Some basics, first.
Is this a running, driving car, or a derelict you pulled out of a field somewhere?
If it's a runner, no need to dive that deep into the engine (at least not yet).
Start with an actual tune up- plugs, points/condensor, plug wires, cap and rotor, air filter, fuel filter, oil change and filter. Get good parts and not cheap dime-store stuff that cause as many issues as they solve.
Then get a good timing light and distributor wrench, and a tach/dwell meter; and start reading up on how to use them.
There is absolutely no reason to start diving into lifters, springs and rockers; much less intake and carb until you have actually established a need for them. 340s came with some of the best engineered parts ever available on a factory small block, and replacing major components willy-nilly will only lead to more issues and possibly a big step backward.
Don't worry about giving it "a bit of pep", once you've got it running well a 340 will have enough "pep" to scare you.
So, first things first- is this a runner or something that's been at the bottom of a creek for 20 years?

Have to agree with post #13. The 71 340 was probably the best small block package ever produced. Almost everything is heavy duty to last hundreds of thousands of miles. It had the best intake, Carb, heads, rockers, springs, double roller timing set. My 71 340 was still breaking into the 13's with 100,000 miles on it.