Need help with gear choice

Your converter will be fine with either the 3.21 or 3.90. Just make sure you have a good cooler. Not familiar with any hyd roller cams so i can't really recommend anything other than to say something in the 220 at .050 range. A member here(joedust451 i think) has a good combo worth copying.

Correct...Your converter is mild and fine, i run a dynamic 9.5" 4.500rpm stall with 3.55 and 28" tires. BTW a stock 70/71 10.5" 340 converter would stall at about 2200rpm if the engine was running good back in the day.