Engine Time
Pull the heads off both engines and figure out which one has the better bore then decide .
The compression should be above 125 # to run well , over 135 # and it'll need premium fuel and careful attention to ig notion timing .
Both are dead easy to overhaul , often you needn't rebuild them atall , just carefully take apart and replace what's used up or worn out .
If you want it to drive nicely and still have gobs of power , use a 3/4 or 1 ton stock camshaft from a 1967 with automatic tranny .
" racing " cams always (no exceptions) make it no fun to drive and you'll wind up selling it soon .
Choose carefully and enjoy the next 40 years of pleasurable and economical Motoring .
As long as the bore isn't tapered more than .008" you shouldn't need to bore it .
I always replace the pistons , cam shaft and lifters .
Who does and how much you spend on the cylinder head re work , will give you the very most bang for your buck .