I'm doing the same conversion. There are some guys running the thunder racing TR220 cam and comp 918 springs and they are making around 330 rwhp. I'm still deciding whether or not to run a turbo on mine, but if not I'll run that cam with the swap headers as well.
I'm definitely going the EFI route with this, but can understand why you would consider a carb setup. I just can't stand carbs anymore and I want the best mpg and reliability I can get.
I've read a lot about the oil pans, basically you can either notch an f-body pan or buy an aftermarket (moroso, autokraft, etc). With the moroso you have to run a remote oil filter setup. Not cheap unfortunately when it's all said and done. The pan setup will cost nearly as much as I paid for the complete motor. Some guys have tried running the LH8 truck pan, but if your car is lowered like mine it hangs down too low.
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